STATE-OWNED FUND RAISING ENTREPRENEURSHIP AT LOCAL GOVERNMENT OF BANGLADESH FOR SOCIOECONOMIC DEVELOPMENT
Journal Title: Delhi Business Review: An International Journal of SHTR - Year 2018, Vol 19, Issue 1
Abstract
The main objective of this research is to find out an opportunity of state-owned fund raising entrepreneurship development at local government for earning revenue to strengthen the development fund and capacity for delivering more public services and building a balanced national economy of Bangladesh as well as other developing and under developed countries. Design/Methodology/Approach: The identified problem of this study is to find out the scope of developing entrepreneurship at local government for fund raising in building the national economy. This study is an exploratory research in nature. Both secondary and primary data have been used in this research. Qualitative data have been collected by conducting two Key Information Interview (KII) at two Upazila Parishads of Bangladesh. In each KII, eight participants attended the discussion. All individual opinions over the KII discussions have been recorded by using a mobile device. Two personal interviews have been also recorded from the DDLG (Deputy Director of Local Government), Khulna and DF (District Facilitator), Khulna. The data collected from the KII interviews and personal interviews have been presented analytically within the theoretical framework of social and non-profit organization. Findings: In analyzing both secondary and primary data, it is found that local government is not able to create, communicate, and delivery voter-market oriented public services due to blocked grants and shortage of development fund. The KIIs have identified opportunities to establish locally produced farm-product based small and medium industries and logistic supports to facilitate the rural farmers. On the other hand, some service oriented enterprises may be established to earn additional revenue to strengthen the local government. A conceptual model has been established on the basis of secondary and primary data to define the research problem for conducting a quantitative research. Research Limitations: This research has defined the research problem and scope of establishing fund raising enterprises at local government. A conclusive (experiment) research should be conducted for making decision. Practical Implications: All under-developed and developing countries who are facing fund crisis for socio-economic development can apply the new concept on pilot project basis. Originality/Value: This is a new concept of socio-economic development. It is an original research for the under-developed and developing countries in achieving SDGs (Sustainable Development Goals).
Authors and Affiliations
Uttam Kumar Datta
Keywords
Related Articles
- EP ID EP560726
- DOI -
- Views 108
- Downloads 0
EMPLOYEE RETENTION AND ENGAGEMENT PRACTICES IN THE HEALTHCARE SECTOR A STUDY ON MEDICA SUPER- SPECIALTY HOSPITAL, KOLKATA
EMPLOYEE retention and engagement had attracted tremendous attention in management research in recent times. Although research evidence are abundant in sectors like IT/ITEs, retail, financial services comprehensive studi...
BANKING REFORMS AND COMPETITION LIABILITY STRUCTURE OF INDIAN BANKING SEGMENTS
The present paper focuses on the very core function of banking segments understudy. As a part of a larger study on applying Structure-Conduct-Performance approach to banking, this paper aims at understanding whether the...
POLITICAL SERVICES MARKETING FOR PEACEFUL WORLD
THE aim of this research is to find the scope of using non-profit marketing tools and techniques in politics to win maximum voter-market share peacefully for power as it is found in industry competition for becoming a...
TOWARDS MAPPING ENVIRONMENTAL PERFORMANCE AND FINANCIAL PERFORMANCE A PRIMER FROM THE HOSPITALITY & TOURISM INDUSTRY
Purpose: There is increasing discussion of the way in which corporate social responsibility of firms is assessed in terms of their financial performance. This study aims to review the hospitality industry corporate socia...
A MODEL FOR DESIGNING A DELIVERABLE POLITICAL PRODUCT TO WIN POWER FOR A PEACEFUL DEMOCRACY
THE main objective of this research is to develop a model for designing a deliverable political product (a package of political services for each constituency and an aggregated package of political services for a nation)...