How The Human Capital of Bangladesh Affects Operations of MNCs
Tarannum Azim & Mustafa Nizamul Aziz
In today’s world where globalization has changed the whole perception of business, communication, etc. firms are expanding their businesses to different parts of the world, especially to emerging market economies. In order to run a successful venture in a foreign nation, it is necessary to employ the best human capital. Focusing on Bangladesh in this research paper, the objective of the study is to determine how the human capital of Bangladesh affects the operations, specifically the training of MNCs operating in this host country. Secondary data will be adequate for this distinct research topic. This research proposal would have been able to deliver and contribute more if both primary data such as interviews, and secondary data such as articles, journal, newspaper articles were used. Through this research a completely different perspective was seen. Where most people see Foreign Direct Investment or MNCs entering into a country as an opportunity to enhance the economy, most of the population tend to ignore the fact that only a certain small percentage of the population gets to benefit from these FDIs. Findings and results from previous research concluded that training program is built not only on the basis of human capital of the country but also on the basis of the institutional factors of the host country, industries, and size of firms. The implications of the research on this particular paper can turn out to be very useful and relevant for institutions and firms as they can develop new policies and strategies which can reduce the institutional barriers, encourage, and train the local human capital to develop skills to match with these multinational corporations. As it exclusively focuses on the human capital and firms’ operations in Bangladesh, it cannot be generalised to a wider scale and to other countries, population or other research context.
Keywords: Multinational firms, MNCs, Host Country Nationals, Education system, Human Capital, Government.
|Title:||How The Human Capital of Bangladesh Affects Operations of MNCs|
|Author:||Tarannum Azim & Mustafa Nizamul Aziz|
|Journal Name:||International Journal of Science and Business|
|ISSN:||ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)|
|Date of Publication:||9/12/2021|
|Paper Type:||Review paper|
Cite This Article:
Tarannum Azim & Mustafa Nizamul Aziz (2021). How The Human Capital of Bangladesh Affects Operations of MNCs. International Journal of Science and Business, 5(11), 44-64. doi: https://doi.org/10.5281/zenodo.5770547
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About Author (s)
Tarannum Azim (corresponding author), International Business and Management, The University of Manchester, UK.
Mustafa Nizamul Aziz, East West University, Dhaka, Bangladesh.