The objective of this study is to assess the current and future potential of the digital economy in Bangladesh, with the goal of fostering national development and prosperity by the year 2041. Concurrently, this study examines the various aspects of the digital economy through the lens of the Fourth Industrial Revolution and emerging technologies, specifically focusing on the utilization of information and communication technology (ICT) in Bangladesh. The methodology section employs a qualitative approach to ascertain the research objectives, utilizing secondary data. The purpose of this study is to provide an overview of the contemporary status of the digital economy, focusing on emerging trends that have a significant impact on the national gross domestic product (GDP). Companies and individuals possess an understanding of the digital economy, which has the potential to mitigate the digital divide and establish a robust connection between technology and the economy. The research contributes to a more thorough understanding that Bangladesh is ranked 40th out of 193 nations at present; with the advancement of the digital economy, it will move up to 24th place in 2034. Future research can perhaps be expanded by adopting a qualitative methodology to explore the concept of a smart Bangladesh.
1 January 2015 in American Journal of Applied Mathematics
In the present study the problem of mixed convection flow in the presence of magnetic field in a lid-driven square cavity with internal heat generation or absorption and uniform heating of bottom wall were investigated numerically. The square cavity vertical walls are maintained at cold temperature while the upper wall is insulated. The physical problem is then expressed mathematically by a set of governing equations and the developed mathematical model is solved by employing Galerkin weighted residual method of finite element formulation. Effects of variations of Richardson number, Hartmann number and heat generation or absorption parameter on flow structure and heat transfer rate (Nuesselt number) were studied in details. The significant reduction in the average Nusselt number were produced as the strength of the applied magnetic field was increased. In addition, heat generation predicted to decrease the average Nusselt number whereas heat absorption increases it.
6 April 2023 in International Journal of Business and Management
Rapid growth in mobile banking has prompted banks to invest in mobile banking in Bangladesh. This study identifies the factors that are influencing the customer adoption of mobile banking in Bangladesh. The theories of A cognitive theory, the theory of reasoned action (TRA), and the Technology Acceptance Model (TAM) have been selected as the baseline theories. 320 questionnaires were sent to the customers of Bangladesh's leading mobile banking companies, 315 are returned, but 300 are usable for the analysis. This study found that perceived risk, relative advantage, trust and convenience influence individual tendencies to embrace mobile banking in that order. Reliability test, correlation, and multiple regression analysis were used after entering the data into SPSS. Each variable used a 5-point Likert scale. The findings of this investigation will have major consequences for the economy of Bangladesh, particularly with regard to the financial sector and have also substantial consequences for policymakers and bank management to develop their financial plans and policies in order to increase participation in and success within the Bangladeshi banking industry.
This study aims to determine the present and future scopes of the digital economy in Bangladesh to build a developed and prosperous country by 2041. Simultaneously, it analyses the components of the Digital Economy from numerous perspectives from contributing to Bangladeshi economy with an adaptation of the 4th Industrial Revolution and emerging technologies. In the methodology section, qualitative approach is conducted to determine the research objectives where secondary data is used. Around 100 papers are collected and 51 articles are used for conducting this study. The findings of the study are to present the current state of the digital economy which is developing trends that contribute to national GDP for the adaptation of the 4IR for the transformation of smart Bangladesh. From the conceptual implication, companies and individuals are aware of the digital economy, which would lessen digital divide and create a strong link between technology and the economy. Furthermore, establishing customer confidence and trust would be a big issue for Bangladesh's digital platform economy in the future days. From a practical standpoint, IT industries and commercial organizations would have to deal with emerging 4IR and its technologies. The job market would also be expanded in a variety of areas, which would ultimately benefit the national economy. According to the study's conclusions, the digital economy is predicted to expand its commercial and corporate opportunities. Future research might be extended based on qualitative approach towards a digital Bangladesh and create a better developing economy.
1 January 2015 in American Journal of Applied Mathematics
In the present numerical study is devoted to investigate the lid-driven cavity flow with wavy bottom surface. The cavity upper wall is moving with a uniform velocity by unity and the other walls are no-slip. The physical problem is represented mathematically by a set of governing equations and the developed mathematical model is solved by employing Galerkin weighted residual method of finite element formulation. The wide ranges of governing parameters, i. e., the Reynolds number (Re), and the number of undulations (λ) on the flow structures are investigated in detail. The behavior of the force coefficient Cf also has been examined. Streamline plots provide the details of fluid flow. The fluid contained inside a squared cavity is set into motion by the top wall which is sliding at constant velocity from left to right and the undulation which was induced at the bottom surface. It is found that these parameters have significant effect on the flow fields in the cavity. Furthermore, the trends of skin friction for different values of the aforementioned parameters are presented in this investigation.