Bangladesh lags far behind India, Pakistan in research

[Destranator]

Bangladeshis are always commenting how far ahead of Pakistan they are.

Except for when they are not as above.

Research is good but production of basic articles makes more sense for a country like Bangladesh.

What will Bangladesh do with intellectual property when we are an open economy dependent on exports unlike the giant neighbor?

They need IP because they can alter a few things from original patents and fabricate new patents to produce stuff for their large internal market. This way they can fight off claims of IP theft.

Bangladesh needs no IP support to make and export the basic stuff it needs to export and to employ its semi-skilled and skilled (wo)manpower. None of the tiger economies did.

On forward...

IP is directly related to value addition. In order to become a developed country, we need to produce products we have leverage over in terms of pricing and supply.

This is particularly relevant to the garments and pharmaceutical industries which are riding off cheap labour and LDC patent exemptions respectively for the time being.

IPs make you difficult to replace for buyers.

 

[Buddhistforlife]

Research is good but production of basic articles makes more sense for a country like Bangladesh.

What will Bangladesh do with intellectual property when we are an open economy dependent on exports unlike the giant neighbor?

They need IP because they can alter a few things from original patents and fabricate new patents to produce stuff for their large internal market. This way they can fight off claims of IP theft.

Bangladesh needs no IP support to make and export the basic stuff it needs to export and to employ its semi-skilled and skilled (wo)manpower. None of the tiger economies did.

On forward...

Listen keeping economy asides, Bangladesh has a very high brain drain. Many educated people like doctors, engineers, IT experts are leaving the country because of lack of opportunity.

A nation which has a high brain drain will surely suffer in the long run.

Bangladesh does not have a good intellectual capital as manu educated and smart folks are going to Canada, US and elsewhere.

Service sectors and IT sectors are equally important to prevent brain drain.

 

[Destranator]

Listen keeping economy asides, Bangladesh has a very high brain drain. Many educated people like doctors, engineers, IT experts are leaving the country because of lack of opportunity.

A nation which has a high brain drain will surely suffer in the long run.

Bangladesh does not have a good intellectual capital as manu educated and smart folks are going to Canada, US and elsewhere.

Service sectors and IT sectors are equally important to prevent brain drain.

Instead of trying to arrest brain drain we should embrace it. Bangladesh will never be able to produce enough high paying jobs for everyone locally given the crazy overpopulation.

Our best bet is to create an oversupply of quality graduates and tradesmen who can both serve local industries (help reduce imports and increase exports) and take up high paying jobs overseas (increase remittances, gain leverage and improve image for BD).

This is the only way we can ever become a high income nation.

 

[Buddhistforlife]

Instead of trying to arrest brain drain we should embrace it. Bangladesh will never be able to produce enough high paying jobs for everyone locally given the crazy overpopulation.

Our best bet is to create an oversupply of quality graduates and tradesmen who can both serve local industries (help reduce imports and increase exports) and take up high paying jobs overseas (increase remittances, gain leverage and improve image for BD).

This is the only way we can ever become a high income nation.

The problem now is that in Bangladesh you will either have to do business or get into the public sector to prosper. Otherwise most jobs don't pay you well.

Most of the population of Bangladesh are not entrepreneurs and this has also given a rise in unemployment. I hope PM will take care of it.

 

[Bilal9]

IP is directly related to value addition. In order to become a developed country, we need to produce products we have leverage over in terms of pricing and supply.

This is particularly relevant to the garments and pharmaceutical industries which are riding off cheap labour and LDC patent exemptions respectively for the time being.

IPs make you difficult to replace for buyers.

Well you have a point.

But I'd argue for arguments' sake the case of China.

As a country 7/8 times the size of ours, did they need significant IP for the time being (meaning for the last say twenty years) while they exported basic goods.

I'd posit that Bangladesh is in the same export takeoff stage that China was back in 2000, when they were setting up all the special export zones in coastal cities lining the coast of the South China Sea. Of course Shenzhen/Guangdong was the main 800 pound Gorilla.

The thing is - value addition in China in the initial stages (like the early and mid 90's) was lower level labor- intensive value-addition - meaning making shoes, clothes, plastic tchotchke's (before the whole world rushed in to source high value addition goods from there).

No one was sourcing CNC cutting tables or laptops from China at that time.

That came much later.

My guess is that we'd need IP and research maybe ten years down the line. But I agree Govt. should increase funding for academic research and prevent promising academics from taking up posts overseas.

As industrial activity dries up in the West - and China moves up the value chain, it will be demanding (and getting) talents from our country as well, instead of the West.

 

[SpaceMan18]

Instead of trying to arrest brain drain we should embrace it. Bangladesh will never be able to produce enough high paying jobs for everyone locally given the crazy overpopulation.

Our best bet is to create an oversupply of quality graduates and tradesmen who can both serve local industries (help reduce imports and increase exports) and take up high paying jobs overseas (increase remittances, gain leverage and improve image for BD).

This is the only way we can ever become a high income nation.

Eh I sorta agree and disagree , if we don't keep our brilliant minds to ourselves we will never be able to innovate which is required for a country like Bangladesh so we should never embrace being inferior. Yes Bangladesh may have a larger population but like Taiwan we need to get better education to everyone so we can expose them to heavy industries which will help with more technology related FDI.

Bangladesh's image is ruined to a point if we don't innovate , we will be seen as inferior even if our people have basic income. But if we innovate and actually give something back to the world that will help our image much quicker. Remittances are alright , but again they shouldn't be that much apart of our economy.


Again Bangladesh's only hope is science and it's people , it's a country gifted by access to the ocean and isn't a land lock country and has amazing scientific potential.

So why should we let the brain drain happen ? America or Europe doesn't need us , but we need our scientists back !

UK and America have given a lot to the world , now it's Bangladesh's turn.

We should change our culture and or mindsets for thinking outside of the box , and the government should give loans and support small startups.


Bangladesh doesn't even have it's own Silicon Valley yet