IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-981-19-2753-9_14.html
   My bibliography  Save this book chapter

Concluding Remarks: Rethinking Digitalization Strategies for Leapfrogging

In: Digital Transformation and Economic Development in Bangladesh

Author

Listed:
  • Monzur Hossain

    (Bangladesh Institute of Development Studies)

Abstract

This chapter concludes the book by highlighting bottlenecks of current digitalization efforts and stresses rethinking digitalization efforts to make them consistent with development objectives. It identifies seven areas in which more focus needs to be given: automation and innovation in the manufacturing sector; e-commerce and digital finance; households and firms greater access to the internet; effective IT park policies; awareness and dissemination of digital contents; growth and development of IT and ITeS industry; and, IT human capital development. The analysis suggests that digital transformation is at the nascent stage due to the firms’ low level of investment in automation and access to the internet by households. The slow progress in digital transformation and missing links between digitalization and economic development deter the expected output of digitalization. Therefore, the policymakers need to rethink the current digitalization strategies and take proper steps to capitalize on the digitalization policies.

Suggested Citation

  • Monzur Hossain, 2022. "Concluding Remarks: Rethinking Digitalization Strategies for Leapfrogging," Springer Books, in: Digital Transformation and Economic Development in Bangladesh, chapter 0, pages 285-291, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-2753-9_14
    DOI: 10.1007/978-981-19-2753-9_14
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-981-19-2753-9_14. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.