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Cluster-Based ICT Industry Development in Bangladesh: National and International Perspectives

In: Digital Transformation and Economic Development in Bangladesh

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  • Monzur Hossain

    (Bangladesh Institute of Development Studies)

Abstract

This chapter reviews the Bangladesh government’s policy of establishing IT park in each district as part of the strategy of developing the IT industry. Though many countries attempted to develop IT sectors through the development of IT parks, they have not been successful equally. Silicon Valley of U.S.A and Bangalore IT Park are exceptions. Considering the benefits and limitations of agglomeration economies, this chapter offers a note of caution that the wholesale policy of IT park establishment across the districts in Bangladesh might be counterproductive. Instead, some selected IT parks with complementary human capital development initiatives could make the policy a success. Furthermore, without attracting FDIs in the IT parks, it would be difficult to attract local entrepreneurs in the IT parks, given the spatial dimension of the parks.

Suggested Citation

  • Monzur Hossain, 2022. "Cluster-Based ICT Industry Development in Bangladesh: National and International Perspectives," Springer Books, in: Digital Transformation and Economic Development in Bangladesh, chapter 0, pages 155-169, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-2753-9_8
    DOI: 10.1007/978-981-19-2753-9_8
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