Can ICT Reduce Poverty and Unemployment and Elevate Development Integrating Micro, Small and Medium Enterprises in Bangladesh? – Sharing Asian experiences

  • Mohammad Mozammel Haque
  • Abd. Rahman Ahlan
Keywords: MSMEs, ICT, e-Commerce, Job Creation, Poverty Alleviation, Economic Development

Abstract

Information and Communication Technology (ICT) can boost the performance of people and improve overall human capital for the alleviation of poverty in a society. Today, ICT is considered as one of the major sources of driving force for the overall economic development integrating with Micro, Small and Medium Enterprises (MSMEs). The e-Commerce has a great role in achieving business performance in the emerging Asian countries. However, MSMEs are experiencing more challenges that prevent them from further increasing their business. The earlier studies question to which extent MSMEs have benefited from these businesses. Therefore, the main purpose of this study is to demonstrate the importance of ICT in developing MSMEs based on the success stories of emerging Asian countries. This study based on subjective/argumentative i.e., idea generation in Information Systems (IS). The findings of the study reveal that the MSMEs utilizing ICT can alleviate poverty and unemployment. It also reveals that MSMEs with ICT and e-Commerce can enhance employment and new job creation that can contribute to the overall economic development. This study is expected to extend for further an empirical investigation broadly on the same issue to validate the research results.

Downloads

Download data is not yet available.

References

Tambunan, T. (2011). Development of micro, small and medium enterprises and their constraints: A story from Indonesia. Gadjah Mada International Journal of Business, 13(1), 21-43.

Wen, Z., King, J., & Jaska, P. (2008). ICT and SMEs in developing countries. In IABPAD Conference Proceedings, The International Academy of Business and Public Administration Disciplines, Texas, 1126-1132.

Kaykobad, M. (2009). Report of the expert consultation meeting on role of ICT for SME development in Bagladesh. Pan Pacific Sonargaon Hotel, Dhaka. Available at: http://www.smef.org.bd/v2/smef_download/ICT_role.pdf.

Khan, M. W. J., & Khalique, M. (2014). An overview of small and medium enterprises in Malaysia and Pakistan: Past, present and future scenario. Business and Management Horizons, 2(2), 38.

Alam, M.S. & Ullah, M.A. (2006). SMEs in Bangladesh and their financing: An analysis and some reccomendations. The Cost and Management, 34(3), 57-72.

Sinclair T. M. (2015). What big data could do for economic forecasts. World Economic Forum. Available at: https://www.weforum.org/agenda/2015/08/what-bigdata-could-do-for-economic-forecasts/. Accessed on 13 January 2016.

Hann, N.K. (2013), Harnessing the transformative power of technology to end poverty. Available at: http://blogs.worldbank.org/ic4d/harnessingtransformative-power-technology-end-poverty. Accessed on 09 February 2016.

Huyer, S. & Mitter, S. (2003). ICT, globalisation and poverty reduction: Gender dimensions of the knowledge society. Kampala (Uganda): Comisión de Ciencia y Tecnología para el Desarrollo (Naciones Unidas), Junta Consultiva sobre Cuestiones de Género. Available at: http://unpan1.un.org/intradoc/groups/public/documents/unpan/unpan037351.pdf. Accessed on 11 January 2016.

Kelles-Viitanen, A. (2003). The role of ICT in poverty reduction. The Finnish Economy and Society, 82-94.

Published
2018-08-31
How to Cite
Mohammad Mozammel Haque, & Abd. Rahman Ahlan. (2018). Can ICT Reduce Poverty and Unemployment and Elevate Development Integrating Micro, Small and Medium Enterprises in Bangladesh? – Sharing Asian experiences. International Journal of Engineering and Management Research, 8(4), 168-174. https://doi.org/10.31033/ijemr.8.4.21