2nd International Conference on Sustainable and Digital Business [ICSDB] 2023

Permanent URI for this collectionhttps://rda.sliit.lk/handle/123456789/3955

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    PublicationOpen Access
    The Socioeconomic Consequences of Brain Drain and Migration in Sri Lanka: A Comprehensive Literature Analysis
    (SLIIT Business School, 2023-12-14) Maussawa, G; Wijerathne, C; Gunasekara, J; Wickramarachchi, C; Thelijjagoda, S
    Over the years brain drain has given risen to a lasting imprint on the economy of Sri Lanka, which has resulted variouse consequenses. Currently educated professionals from various sectors are migrating to developed countries at an increasing rate. This study aims to provide a comprehensive understanding on the factors influence skill migration in Sri Lanka. This study utilizes a comprehensive systematic review of past literature over the period of 22 years (2000- 2022). The findings of this study demonstrate that migration of skilled professionals has been increased up to 2022 and how social, economic, and political factors affected migration. Some identified examples for economic factors that influence skill migration are better working opportunites, higher wages and higher living standards. Some identified social factors are political violence and better facilities like health and educational services. Increasing income tax rate and loss of liberty are some recgonized political factors that affect skill migration. Some of the studies have argued that there are positive concequences of skill migration in Sri Lanka, while some other studies have brought up arguments that negative impacts of skill migration take over the positive impacts.
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    PublicationOpen Access
    Exploring the Determinants of Migration Intention of IT Professionals: Evidence from Sri Lanka
    (SLIIT Business School, 2023-12-14) Rathnayake, U; Jithmini, T; Amarasinghe, T; Alahakoon, S; Dunuwila, V
    International IT professional migration occurs beyond national lines because of globalization and internationalism, with the goals of information sharing, obtaining higher living standards, as well as for economic reasons. This study aims to explore the factors influencing to the outflow migration of IT professionals in Sri Lanka. This study is the first of its kind in Sri Lanka during the time when the country was dealing with the COVID-19 outbreak and the economic crisis since it rests its originality on information acquired from the local arena. Higher migration rates is a significant concern to Sri Lanka, since second-largest export revenue generating industry is the IT sector. Researchers examined the connections between different factors' effects on migration intention. These studies illustrate some variation in worldwide migration intention factors and trends. They concluded that while the migratory intentions of some countries and identified variables are positively connected, others are negatively connected. Thematic analysis leading to a factor analysis were used in this study to collect data from Sri Lankans. Researchers have conducted interviews for this specific research objective which were followed by a questionnaire using mixed methods. In the results, rotated component analysis, which includes information about the relationships between each variable and the estimated components, is one of the most important outcomes of principle component analysis. As the conclusion, certain policies could encourage innovation, growth, and long-term economic development in Sri Lanka’s IT sector.