Building a Knowledge-Based Economy in Bangladesh


  • Md. Qamruzzaman Southeast University
  • Jannatul Ferdaous Southeast University



knowledge economy, productivity, ICT, development, R&D


The concept of “knowledge economy” is based on the view knowledge and information are at the center of economic growth and development. In today´s ever changing world knowledge has become a key element for sustainable economic development. This study aims to identify key challenges for developing knowledge based economy in Bangladesh. Study results revealed that key challenges faced by Bangladesh are reluctant of economic sectors to become accustomed IT based operation rather than traditional practice and lack of skilled manpower. To overcome those challenges concerted efforts are imperative by implementing a comprehensive strategy based on research and sound economic principles, help use of ICT in businesses and Government sector and Investment in human capital.

JEL codes: R120, D 830


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Author Biographies

Md. Qamruzzaman, Southeast University

Lecturer, School of Business Studies, Southeast University, Bangladesh

Jannatul Ferdaous, Southeast University

Lecturer, School of Business Studies, Southeast University, Bangladesh


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How to Cite

Qamruzzaman, M., & Ferdaous, J. (2014). Building a Knowledge-Based Economy in Bangladesh. Asian Business Review, 4(3), 119–128.