Sunday, March 31, 2019

Collaboration between university and SME And economy of Bangladesh

Bangladesh is a densely populated country. So, it is difficult to make more job to meet the needs of all people. Besides, Bangladesh is very small country relative to its population. To make more industry can pollute our environment and make living space little. Here, SME (Small and Medium Enterprise) and startup business can be a alternative way to robust our country's economy.

At present, SME sector contributes about 25% to the national GDP. They can contribute more, if they can get access to global market. They cannot reach to the global market because of lack of knowledge. They do not know what means global value chain, standard quality, have language barrier, and technical problem etc.


Here, University can collaborate to the local SME. University is a national asset, where has research knowledge, talent, team work, renowned faculty, and network connection. At undergraduate level, students complete more than 50 assignments, projects, various articles, and case studies. If faculty provides students projects, case study for addressing challenges of SME sector, students can come up with new strategic business solution, developing technology, software, website,  and helping to make new product and service. Besides, many of the alumni of the university stay aboard, they can help SME by supporting to launch SME's product at abroad. Finally, university can host a hub to assist small enterprise by providing necessary resources.

University should redesign curriculum to meet the need of society and country's economy. In this way, all educated people can contribute to the country by transferring knowledge, acquiring skills, and involving in economic growth.  

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