Search results

1 – 10 of over 16000
Article
Publication date: 5 September 2008

Mihaela Herciu and Claudia Ogrean

The purpose of this paper is to emphasize that the growing of competitiveness at any level may be possible through more responsibility (business ethics) on the one hand and less…

2223

Abstract

Purpose

The purpose of this paper is to emphasize that the growing of competitiveness at any level may be possible through more responsibility (business ethics) on the one hand and less corruption (as lack of business ethics) on the other.

Design/methodology/approach

The objective of the paper is to identify the double‐way relationships between competitiveness and the responsible (beyond ethics) behaviour. In order to do this, the authors used correlation indexes CORREL and R2 and the graphic representation able to illustrate the above‐mentioned interrelations.

Findings

The authors observed that there is a strong and direct correlation between GCI, RCI and CPI – at national level, and six possible situations which reflect the interrelations between NP and FGP.

Research limitations/implications

The paper may be continued with specific behavioural models of MNEs in different host countries – integrating different approaches of business ethics.

Practical implications

The practical implications of the paper consist in offering some guidelines/starting points for firms in the search of global competitiveness through responsible/ethical conduct.

Originality/value

The paper develops a new conceptual framework, which integrates two “obsessions” of nowadays (competitiveness and responsibility) into the concept of global performance – national and firm related.

Details

Management Decision, vol. 46 no. 8
Type: Research Article
ISSN: 0025-1747

Keywords

Open Access
Article
Publication date: 17 November 2022

Milja Marčeta and Štefan Bojnec

This study aims to establish the position of the European Union (EU-28) countries in the dynamics of international trade openness linkages and the Global Competitiveness Index…

2201

Abstract

Purpose

This study aims to establish the position of the European Union (EU-28) countries in the dynamics of international trade openness linkages and the Global Competitiveness Index (GCI) in correlation with the gross domestic product (GDP) per capita, research and development (R&D) expenditures, innovation capability and information and communication technology (ICT) adoption.

Design/methodology/approach

In the panel data set, comparative analyses were applied to scatter diagrams, correlation and regression analyses and structural equation models using Eurostat and World Economic Forum (WEF) data for the EU-28 countries in the period 2008–2019.

Findings

The empirical results did not confirm the hypotheses that a positive correlation exists between GCI and trade openness indicators and between GDP per capita and GCI. The ICT adoption and innovation capability increase GCI, which affects GDP per capita.

Practical implications

The empirical results provide a better understanding of the importance of trade policies, particularly in terms of trade openness and trade shares of the EU-28 countries, as it could contribute to increasing the GCI of the EU-28 countries. Furthermore, the results of this study underline the importance of ICT adoption and innovation capability and the need for appropriate government policies that improve global competitiveness.

Originality/value

This study, through empirical analysis, demonstrates the existence of correlations between trade openness (exports as % of GDP, imports as % of GDP and export market shares as % of world trade), R&D expenditures, innovation capability, ICT adoption, GDP per capita and the GCI in the EU-28 countries. In addition, this study contributes managerial and policy-based implications on driving forces of global competitiveness.

Article
Publication date: 27 July 2012

Manal M. Yunis, Kai S. Koong, Lai C. Liu, Reggie Kwan and Philip Tsang

The purpose of this paper is to examine the role that information and communication technologies (ICT) maturity plays in the achievement of global competitiveness at the country…

1428

Abstract

Purpose

The purpose of this paper is to examine the role that information and communication technologies (ICT) maturity plays in the achievement of global competitiveness at the country level. The paper investigates the socio‐economic and technological factors that are most likely to be associated with ICT maturity, and then assesses their role in driving the global competitiveness wheel forward.

Design/methodology/approach

Secondary data were used, based on data sets generated by the World Bank, World Economic Forum, and UNESCO for the years 2003‐2007. The countries common to all reports were included, yielding a study sample of 93 cases. Cluster analysis was used to categorize countries in terms of ICT usage, readiness, and environment. Structural equation modeling was used to test the fit of a model employing these factors.

Findings

First, it was found that ICT plays an important role in driving a country's global competitiveness forward, with a stronger relationship existing in high readiness countries than in low readiness countries. Second, ICT maturity was found to mediate the relationship between ICT quality and R&D spending on one hand and global competitiveness on the other. Finally, the relationship between R&D spending and global competitiveness was found to be stronger for low readiness countries than for high readiness countries.

Practical implications

The paper's findings provide insights to managers and government policy makers regarding the effects of economic, social and technological factors on ICT maturity, as well as the relationship between ICT maturity and global competitiveness. Such insights can influence the standards, programs, and strategies that governments implement in order to attain and maintain global competitiveness.

Originality/value

The paper presents a holistic model that depicts the ICT maturity factors and their dynamic contributions to global competitiveness. Despite the considerable contributions of existing research in this domain, there is a lack of substantive research that examines the relationship at the country level between ICT maturity and its indicators on one hand and global competitiveness on the other. The paper is an attempt to fill this gap.

Details

International Journal of Accounting & Information Management, vol. 20 no. 3
Type: Research Article
ISSN: 1834-7649

Keywords

Article
Publication date: 29 June 2020

Ícaro Célio Santos de Carvalho, Luiz Carlos Di Serio, Camilla Maria Cavalcante Guimarães and Karina Santos Furlanetto

This study aims to evaluate the competitiveness of nations and seeks to answer the following research question: how does the competitiveness of nations include improvements in the…

Abstract

Purpose

This study aims to evaluate the competitiveness of nations and seeks to answer the following research question: how does the competitiveness of nations include improvements in the quality of life, thus influencing and contributing to social progress in both social and economic indices?

Design/methodology/approach

This paper collected secondary data from the World Economic Forum and the socioeconomic dimensions of the Social Progress Imperative Index and considered the dimensions of these indices, which were demonstrated using Pearson’s correlation coefficient. The main focus was on the documentary analysis that was carried out to explain the realities of 121 countries from 2014 to 2017 as taken from these indices, considering the 10 countries at the top and bottom.

Findings

This study showed the use of new measures for the performance of nations that are less dependent on economics and focus more on social development, which may be a trend for the future of nations, and produce a more holistic view for the study. “Innovation” is the factor with the weakest relationship with social progress, which is justified by a weaker relationship with one of the subcategories, “basic human needs”, when analyzed in isolation. However, when the authors analyze the best and worst nations, the authors observe that economic factors are still prevalent, with the “institutions” and “infrastructure” factors being effective for improving competitiveness and the quality of life.

Research limitations/implications

The findings represent a new, emerging configuration in country performance, but the study has its limitations, such as the use of only two pooled variables and the fact that it does not correlate their dimensions or variables.

Originality/value

This study can represents an expansion logic for measuring the performance of countries considering social factors. The main contributions of this study are its statistical evidence and documentary analysis of the relationship between economic and social variables. The main contribution of this paper is to show that over time (2014–2017) economic factors, as measured by the competitiveness index of nations, relate to aspects of social welfare, as measured by the social progress index.

Details

Competitiveness Review: An International Business Journal , vol. 31 no. 4
Type: Research Article
ISSN: 1059-5422

Keywords

Open Access
Article
Publication date: 31 December 2021

Jinhee Yoo, Jun Yeop Lee and Hwa-Joong Kim

This study aims to examine the trend of industrial competition between the US and China, which is the most crucial determinant in the future development of the global economy. For…

Abstract

This study aims to examine the trend of industrial competition between the US and China, which is the most crucial determinant in the future development of the global economy. For decades, the global economy has strengthened the global production network based on the division of labor between countries. Thus, the ripple effect of competition between the two countries should be analyzed in terms of the global production network. Therefore, this study uses the product space model, which explains the development process of industries with comparative advantage by country. We constructed the model based on the products of HS 4-digit code for the 2010–2019 period. The analysis results on the trend of the industrial competitiveness of major countries are as follows. First, the current industrial competitiveness of China is concentrated on low-tech industries. In the case of high-tech items, China shows a tendency of lower export sophistication compared to major manufacturing powerhouses such as Germany, the US, Japan, and Korea. Second, with respect to the possibility of a future industrial structure upgrade evaluated by density, the trend of China overtaking other manufacturing powerhouses is observed. As implied by the product space model, the advancement of the industrial structure through active participation in international trade enhances the industrial competitiveness. Therefore, the outcome of US-China industrial competition depends on who ensures more openness and industrial complexity.

Details

Journal of International Logistics and Trade, vol. 19 no. 4
Type: Research Article
ISSN: 1738-2122

Keywords

Open Access
Article
Publication date: 20 July 2022

Víctor Ernesto Pérez León, Flor Mª Guerrero and Rafael Caballero

This study aims to present diverse proposals for the measurement of tourism destination competitiveness that serve as alternatives to the travel and tourism competitiveness index…

2154

Abstract

Purpose

This study aims to present diverse proposals for the measurement of tourism destination competitiveness that serve as alternatives to the travel and tourism competitiveness index (TTCI).

Design/methodology/approach

The proposal includes principal component analysis, the DP2-distance method, goal programming, data envelopment analysis and the Borda count. The study evaluates 17 destinations from Central America and the Caribbean.

Findings

These include the feasibility that the methodologies provide reliable competitiveness rankings and the possibility of using less information due to the strength of the statistical methodologies. International tourist arrivals, income from international tourism and travel and tourism contribution to the gross domestic product could be used as approximations of tourism destination competitiveness.

Research limitations/implications

The main limitation is the absence of major destinations from the region that constitutes fierce competitors.

Practical implications

New aggregation methods can build composite indicators for competitiveness measurement and their presentation in a more comprehensible way.

Social implications

The results serve as an alternative for countries that have yet to be considered in international tourism competitiveness comparisons.

Originality/value

A better explanatory power of the proposed index is given, thanks to their decomposition capacity and the reduction of the limitations of the original TTCI. Moreover, the proposals facilitate the inclusion of external information or the execution of a completely objective methodology.

目的

本研究旨在为衡量旅游目的地竞争力提出多样化的建议, 并作为旅行和旅游竞争力指数的替代方案。

设计/方法/方法

该提案包括主成分分析、DP2 距离方法、目标规划、数据包络分析和 Borda 计数。 该研究评估了中美洲和加勒比地区的 17 个目的地。

调查结果

结果包括这些方法提供可靠的竞争力排名的可行性, 以及由于统计方法的优势而使用较少信息的可能性。 国际旅游人数、国际旅游收入以及旅行和旅游对 GDP 的贡献可以用作旅游目的地竞争力的近似值。

研究局限/影响

主要局限是该地区没有竞争激烈的主要目的地。

实际意义

新的聚合方法可以为竞争力测量建立综合指标, 并以更易于理解的方式呈现。

社会影响

结果可作为国际旅游竞争力比较中, 衡量尚未考虑国家的替代方案。

原创性/价值

由于其分解能力和原始 TTCI 限制的减少, 所提出的指数具有更好的解释力。 此外, 这些建议有助于纳入外部信息及执行完全客观的方法。

Propósito

El presente estudio busca presentar diversas metodologías para medir la competitividad de los destinos turísticos, de modo que sirvan como alternativa al Índice de Competitividad de Viajes y Turismo.

Diseño/metodología/enfoque

La propuesta incluye Análisis de Componentes Principales, el método de distancia DP2, Programación por Metas, Análisis Envolvente de Datos y el Recuento de Borda. Se analizan 17 destinos de Centro América y el Caribe.

Hallazgos

Estos incluyen la validez de las metodologías para obtener rankings de competitividad fiables y la posibilidad de emplear menor cantidad de información, dadas las fortalezas de los procedimientos estadísticos propuestos. Las Llegadas de Turistas Internacionales, los Ingresos por Turismo Internacional, y la Contribución del Turismo al PIB podrían ser buenas aproximaciones para medir competitividad turística

Limitaciones/implicaciones

La principal limitación es la ausencia de destinos importantes de la región, que se consideran importantes competidores.

Implicaciones prácticas

Novedosos procedimientos de agregación para crear indicadores sintéticos para medir la competitividad turística y su presentación de un modo más comprensible.

Implicaciones sociales

Los resultados sirven como alternativa para otros destinos que aún no han sido considerados en comparaciones internacionales de competitividad turística.

Originalidad

Un mejor poder explicativo de los índices propuestos, gracias a su capacidad de descomposición, y la reducción de las limitaciones del índice del WEF. Además, las propuestas facilitan la inclusión de información externa o la ejecución de un método completamente objetivo.

Article
Publication date: 29 March 2011

A.N.M. Waheeduzzaman

The purpose of this paper is to explore the competitiveness and convergence of the G7 and big emerging markets (BEM) nations using various economic, demographic, trade…

2236

Abstract

Purpose

The purpose of this paper is to explore the competitiveness and convergence of the G7 and big emerging markets (BEM) nations using various economic, demographic, trade, investment, and freedom and governance criteria.

Design/methodology/approach

The two groups of nations, G7 and BEM, are compared on the basis of various longitudinal and cross‐sectional variables. The longitudinal variables are GDP and real GDP growth, per capita GDP, international trade, foreign direct investment, index of ageing, and life expectancy at birth. Cross‐sectional competitive indices are Global competitiveness index, index of economic freedom, Democracy index, Human development index, Gini index, Government effectiveness, and Corruption perception index.

Findings

The findings show that BEM is growing faster than G7 in most economic indicators including GDP, trade, and investment. The growth results in some form of convergence. The freedom and governance infrastructure of the BEM is relatively weak to support their economic growth. The primary challenge of the BEM is coming from the economic interdependence they create in a globalized economy. Overall, the growth presents a new political reality that the world must recognize.

Research limitations/implications

National competitiveness is a long‐term issue. A 30‐year longitudinal analysis may not be long enough to accurately reflect a nation's performance. Evidently, wealth creation in the emerging markets has profound influence in noneconomic areas. Political polarization and military confrontation are not unlikely.

Practical implications

Governments and businesses in G7, BEM, or the Association of Southeast Asian Nations (ASEAN) nations and institutions involved in global governance (e.g. World Bank, IMF, and WEF) may use the findings of the study to determine their policies. We should pay special attention to the global economic interdependence and guard against the negative effects of emerging markets' growth.

Originality/value

The comparative analysis between the G7 and BEM in terms of competitiveness and convergence is an original contribution. Also, the author's insight beyond economics is a unique section to follow. The author is not aware of any other study that has used the two concepts competitiveness and convergence together to understand the emerging markets.

Details

Competitiveness Review: An International Business Journal, vol. 21 no. 2
Type: Research Article
ISSN: 1059-5422

Keywords

Article
Publication date: 23 August 2021

Jurgita Bruneckienė, Jonas Rapsikevičius, Mantas Lukauskas, Ineta Zykienė and Robertas Jucevičius

This paper aims to investigate the smart economic development (SED) patterns in Europe in relation to competitiveness. Motivational focus corresponds to global events: the fourth…

Abstract

Purpose

This paper aims to investigate the smart economic development (SED) patterns in Europe in relation to competitiveness. Motivational focus corresponds to global events: the fourth industrial revolution, transition to a low-carbon economy, economic shocks (such as the 2008 financial crisis, Brexit or the coronavirus pandemic), which requires rethinking development policies, targeting competitiveness increase and reducing imbalances in economic development.

Design/methodology/approach

The analysis includes self-organising neural networks cluster analysis and correlations, comparative analysis of SED indicators structure and cumulative index estimation with World Economic Forum (WEF) global competitiveness index. The panel data set of 19 years from 2000 to 2018 for 30 European countries.

Findings

Overall, cross-country examination suggests that European countries of higher competitiveness illustrate higher estimates in SED. The key determinants are juridical fairness, social responsibility, competence building, intelligence and welfare employment to develop smart patterns for reaching higher competitiveness.

Research limitations/implications

The limitations relate to the particular sample of European countries and gathering statistical data and a methodology of the SED index calculation. In addition, the paper contains a macroeconomic environment focus on competitiveness estimation. Further research may be improved with micro and mezzo environment incorporation at a cross-country analysis level.

Practical implications

By linking well-known terms of competitiveness and economic development with a concept of smartness, new approaches to policymaking emerged. The methodology presented in this paper has implications for territorial cohesion policies, competitiveness and branching strategies. The combination of SED sub-indexes and WEF GCI might aid a more accurate ex ante measurement.

Social implications

The findings are essential for fostering a smart approach in economic development for long-term competitiveness.

Originality/value

This paper provides original empirical evidence about the relationship between SED and competitiveness and adds new knowledge that smartness becomes a way for building countries’ competitiveness by identified two profiles of SED patterns by development stages, namely, integrated to economic development and institutional-based which is divided to focus and balanced.

Details

Competitiveness Review: An International Business Journal , vol. 33 no. 2
Type: Research Article
ISSN: 1059-5422

Keywords

Article
Publication date: 1 September 2007

Cassandra E. DiRienzo, Jayoti Das and John Burbridge

In today's global economy, a country's level of competitiveness has emerged as an important policy tool for business leaders and the impact of many economic and institutional…

Abstract

Purpose

In today's global economy, a country's level of competitiveness has emerged as an important policy tool for business leaders and the impact of many economic and institutional “hard” factors on competitiveness have been studied. The purpose of this paper is to examine the impact that diversity, a “soft” factor, has on a country's level of competitiveness.

Design/methodology/approach

Using a sample of 102 countries, a multiple regression analysis is performed in which the relationship between a country's competitiveness, as proxied by the global competitiveness index, and diversity, as proxied by ethnic, linguistic, and religious diversity, are tested while controlling for other factors known to affect competitiveness. Further, a cluster analysis is performed in an effort to illuminate global patterns in competitiveness.

Findings

The results indicate that greater levels of ethnic diversity negatively and significantly affect a country's competitiveness, but greater levels of linguistic diversity positively and significantly affect competitiveness while religious diversity has no effect.

Research limitations/implications

The reasons behind for the analysis results still need further research. For example, why do greater levels of linguistic diversity positively affect country competitiveness?

Practical implications

The IMF, World Bank, and other investors of capital need to understand whether diversity will help or hinder aid and loan programs and corporations need to consider diversity when conducting global business and foreign investment.

Originality/value

This study is the first to examine the relationship between diversity and country‐level competitiveness and has value to global business managers and investors.

Details

Competitiveness Review: An International Business Journal, vol. 17 no. 3
Type: Research Article
ISSN: 1059-5422

Keywords

Article
Publication date: 10 January 2020

Lina Dagilienė, Jurgita Bruneckienė, Robertas Jucevičius and Mantas Lukauskas

This paper aims to investigate theoretically and empirically the interactions between smart economic development (SED) and competitiveness in Central and Eastern European (CEE…

Abstract

Purpose

This paper aims to investigate theoretically and empirically the interactions between smart economic development (SED) and competitiveness in Central and Eastern European (CEE) countries. The main argument to uphold here is that smartness approach has been traditionally more focused on smart urban planning and smart specialization.

Design/methodology/approach

An evaluation by index, correlation and significance analysis is used to present original empirical evidence from six CEE countries.

Findings

Smartness approach integration into economic development justifies the identification of SED determinants: basics (welfare, digitality, environmental, social responsibility) and enhancers (learning, networking, agility, innovations and knowledge-driven). The interaction between SED and countries’ competitiveness in CEE countries might be described by two approaches, namely, focus-based (several most important basics and enhancers) and balance-based (equal importance of basics and enhancers).

Research limitations/implications

The limitations relate to the particular sample of CEE countries and gathering opportunities of statistical data.

Practical implications

The combination of SED-Index sub-indices and WEF GCI might aid a more accurate ex ante measurement. Despite common global challenges, each country should choose its own combinations for smartness determinants to achieve long-term competitiveness.

Social implications

The findings are important for fostering smartness approach in economic development for long-term competitiveness.

Originality/value

This paper contributes to economic development literature by discovering basics and enhancers for SED. By linking well-known term of competitiveness and economic development with a concept of smartness, the new approaches, namely, focus-based and balance-based, to policy making in CEE countries emerged.

Details

Competitiveness Review: An International Business Journal , vol. 30 no. 5
Type: Research Article
ISSN: 1059-5422

Keywords

1 – 10 of over 16000