Economic Development is the main aim for every country. Returning industry transfer (RIT) is a continuous cycle of developing industry and the economic growth. Through the returning industry transfer, the numbers of Institutional entrepreneurs increasing day by day. The basic aim of RIT is to strengthen the growth level of entrepreneurs who then drive more economic growth through their innovative strategies. Returning industry transfer has a positive influence on the growth of institutional entrepreneurs as the skills and capabilities of a traditional entrepreneur can be nurtured, promoted and cultivated with it. RIT is further associated with a number of beneficial outcomes such as higher production levels, skills and knowledge migration across industries, reduced costs, lowered poverty levels and improved entrepreneurial abilities. The objective of this study is to analyze the impact on rural revitalization through returning industry transfer. To do so, the paper considers factors like high technology, entrepreneur, poverty alleviation, rural revitalization. All these factors which result from RIT also have a broader economic impact in the form of long-term growth and development. Returning industry transfer is a driving factor to bring entrepreneurial innovation in an industry. Not only has this but it also enhanced the pace of rural revitalization, poverty reduction, economic development and growth.
| Published in | Journal of Business and Economic Development (Volume 4, Issue 4) |
| DOI | 10.11648/j.jbed.20190404.12 |
| Page(s) | 134-141 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2019. Published by Science Publishing Group |
Returning Industry Transfer, Institutional Entrepreneur, Economic Growth, Social Entrepreneurs, Poverty Reduction, Rural Revitalization
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APA Style
Papel Tanchangya, Nazmul Hasan Chowdhury, Chu Yingjing. (2019). Impact on Growth of Institutional Entrepreneur and Economic Growth Through Returning Industry Transfer. Journal of Business and Economic Development, 4(4), 134-141. https://doi.org/10.11648/j.jbed.20190404.12
ACS Style
Papel Tanchangya; Nazmul Hasan Chowdhury; Chu Yingjing. Impact on Growth of Institutional Entrepreneur and Economic Growth Through Returning Industry Transfer. J. Bus. Econ. Dev. 2019, 4(4), 134-141. doi: 10.11648/j.jbed.20190404.12
AMA Style
Papel Tanchangya, Nazmul Hasan Chowdhury, Chu Yingjing. Impact on Growth of Institutional Entrepreneur and Economic Growth Through Returning Industry Transfer. J Bus Econ Dev. 2019;4(4):134-141. doi: 10.11648/j.jbed.20190404.12
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Download@article{10.11648/j.jbed.20190404.12,
author = {Papel Tanchangya and Nazmul Hasan Chowdhury and Chu Yingjing},
title = {Impact on Growth of Institutional Entrepreneur and Economic Growth Through Returning Industry Transfer},
journal = {Journal of Business and Economic Development},
volume = {4},
number = {4},
pages = {134-141},
doi = {10.11648/j.jbed.20190404.12},
url = {https://doi.org/10.11648/j.jbed.20190404.12},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jbed.20190404.12},
abstract = {Economic Development is the main aim for every country. Returning industry transfer (RIT) is a continuous cycle of developing industry and the economic growth. Through the returning industry transfer, the numbers of Institutional entrepreneurs increasing day by day. The basic aim of RIT is to strengthen the growth level of entrepreneurs who then drive more economic growth through their innovative strategies. Returning industry transfer has a positive influence on the growth of institutional entrepreneurs as the skills and capabilities of a traditional entrepreneur can be nurtured, promoted and cultivated with it. RIT is further associated with a number of beneficial outcomes such as higher production levels, skills and knowledge migration across industries, reduced costs, lowered poverty levels and improved entrepreneurial abilities. The objective of this study is to analyze the impact on rural revitalization through returning industry transfer. To do so, the paper considers factors like high technology, entrepreneur, poverty alleviation, rural revitalization. All these factors which result from RIT also have a broader economic impact in the form of long-term growth and development. Returning industry transfer is a driving factor to bring entrepreneurial innovation in an industry. Not only has this but it also enhanced the pace of rural revitalization, poverty reduction, economic development and growth.},
year = {2019}
}
TY - JOUR T1 - Impact on Growth of Institutional Entrepreneur and Economic Growth Through Returning Industry Transfer AU - Papel Tanchangya AU - Nazmul Hasan Chowdhury AU - Chu Yingjing Y1 - 2019/11/21 PY - 2019 N1 - https://doi.org/10.11648/j.jbed.20190404.12 DO - 10.11648/j.jbed.20190404.12 T2 - Journal of Business and Economic Development JF - Journal of Business and Economic Development JO - Journal of Business and Economic Development SP - 134 EP - 141 PB - Science Publishing Group SN - 2637-3874 UR - https://doi.org/10.11648/j.jbed.20190404.12 AB - Economic Development is the main aim for every country. Returning industry transfer (RIT) is a continuous cycle of developing industry and the economic growth. Through the returning industry transfer, the numbers of Institutional entrepreneurs increasing day by day. The basic aim of RIT is to strengthen the growth level of entrepreneurs who then drive more economic growth through their innovative strategies. Returning industry transfer has a positive influence on the growth of institutional entrepreneurs as the skills and capabilities of a traditional entrepreneur can be nurtured, promoted and cultivated with it. RIT is further associated with a number of beneficial outcomes such as higher production levels, skills and knowledge migration across industries, reduced costs, lowered poverty levels and improved entrepreneurial abilities. The objective of this study is to analyze the impact on rural revitalization through returning industry transfer. To do so, the paper considers factors like high technology, entrepreneur, poverty alleviation, rural revitalization. All these factors which result from RIT also have a broader economic impact in the form of long-term growth and development. Returning industry transfer is a driving factor to bring entrepreneurial innovation in an industry. Not only has this but it also enhanced the pace of rural revitalization, poverty reduction, economic development and growth. VL - 4 IS - 4 ER -
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