Lahore School of Economics

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SMEs unable to afford innovation

Survey reveals export-oriented firms far ahead in innovation than non-exporting ones

The textile sector of Pakistan lacks innovation as a majority of small and medium-scale players cannot afford the investment needed to upgrade technology in their business units.

“Export-oriented textile mills direly need innovation primarily to attract international buyers in the face of tough competition,” concluded a survey conducted by the Innovation and Technology Centre, Lahore School of Economics. It revealed that the export-oriented firms ranked higher with respect to innovation compared to the non-exporting firms.

The survey was conducted to observe the growth trends in innovation and technology up-gradation in the exporting and non-exporting businesses belonging to the textile and readymade garment segment in Lahore. The purpose of the poll was to know about the extent, quality and impact of innovation on the performance and profitability of businesses.Read more »

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posted by S A J Shirazi @ 9/23/2021 09:17:00 AM,

Lahore School Third International Conference on Applied Development Economics

(8-10 September 2021) 

The Lahore School of Economics in partnership with International Growth Centre hosted its Third International Conference on Applied Development Economics, on 8-10th September 2021. Similar to the first two editions of the conference in 2018 and 2019 which were a great success, the three-day event this year, was once again devoted to bringing together policy makers, renowned researchers, academics and practitioners from within Pakistan and abroad to discuss relevant themes for developing countries such as, firm & entrepreneurship, labor, gender, poverty and social protection, health, education, and governance and institutional capacity. The thought-provoking research presented at the conference was hoped to disseminate and invite interesting feedback, stimulate further research in this domain and be instrumental in improving research capabilities of young researchers within the country.

The conference started off with welcome remarks by Dr. Shahid Amjad Chaudhry (Rector, Lahore School of Economics). He extended a warm welcome to a distinguished and impressive galaxy of academics, researchers, and other honorable guests. He highlighted that that this international conference will shed light on the state of economic stability in developing countries especially under the circumstances of COVID, poverty, underdevelopment, and civil war which is ending in Afghanistan. He also mentioned that Pakistan’s economy is fundamentally strong due to its agricultural sector however, it still has to work hard for macroeconomic growth as for 2021 the macroeconomic growth rate was 3.8%. Currently, the EHSAS project in Pakistan provides 2000 Rs or roughly $15 monthly to about 6million families, which is around 15% of its population. The health sector in Pakistan, largely private and public sector provides its services to around 35% of the population which is going to jump to 65% in a time span of two months. These two projects will help to ease the poverty condition in Pakistan.

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posted by S A J Shirazi @ 9/11/2021 01:33:00 PM,

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