capita income based on cross-national samples, particularly their role in overcoming the "middle-income trap," and analyzes … higher education, first-class universities play a larger role in helping developing countries break through the "middle-income … trap"; Third, both general higher education and first-class universities positively affect innovative activities, but first …

, in the form of unrelated diversification. Also, it is argued that successful trajectories must avoid the middle-income … trap (MIT), which is shown to stem from the interplay of supply and demand factors. Finally, building on balance of …

Purpose This study aims to investigate whether Bangladesh would avoid the middle-income trap (MIT) in its transition to …