IMD World Competitiveness Ranking 2023
FACTORS BREAKDOWN - STRENGTHS AND WEAKNESSES VENEZUELA
u Overall top strengths v r ll T Str t
w Overall top weaknesses w Overall Top Weaknesses
KNOWLEDGE
2019 2020 2021 2022 2023 63 63 64 63 62 56 47 52 60 64 51 48 49 47 45
Sub-Factors
Talent
Training & education
Scientific concentration
Training & education
Scientific concentration
Talent
Rank
Rank
Rank
- -
-
58 64
Employee training
Total expenditure on R&D (%)
Educational assessment PISA - Math
60 64 64 64
Total public expenditure on education
Total R&D personnel per capita
w
International experience
03
- - - -
Higher education achievement
Female researchers
u
Foreign highly skilled personnel
- -
Pupil-teacher ratio (tertiary education)
R&D productivity by publication
Management of cities
Graduates in Sciences
Scientific and technical employment
Digital/Technological skills
54 54
-
Women with degrees
High-tech patent grants Robots in Education and R&D
Net flow of international students
TECHNOLOGY
2019 2020 2021 2022 2023 63 63 64 63 64 63 63 64 63 64 63 63 63 63 64
Sub-Factors
Regulatory framework Capital
Technological framework
Capital
Technological framework
Regulatory framework
Rank
Rank
Rank
64 59 64 61 63
64 61 59 63 64 64
60 64 64 64 64
IT & media stock market capitalization
Communications technology
w
w Starting a business Enforcing contracts
Funding for technological development
Mobile broadband subscribers
Banking and financial services
Wireless broadband
w
Immigration laws
Country credit rating
Internet users
w
Development & application of tech.
Venture capital
Internet bandwidth speed
Scientific research legislation
-
-
Investment in Telecommunications
High-tech exports (%)
Intellectual property rights
FUTURE READINESS
2019 2020 2021 2022 2023 63 63 64 63 64 49 49 52 55 44 63 63 64 63 64
Sub-Factors Adaptive attitudes Business agility
IT integration
Business agility
IT integration
Adaptive attitudes
Rank
Rank
Rank
62 64 64 62 43 57
62
14 56 35 60 63
Opportunities and threats
E-Government
u
E-Participation
-
World robots distribution
Public-private partnerships
Internet retailing
48 61 42
Agility of companies
Cyber security
Tablet possession
Use of big data and analytics
Software piracy
Smartphone possession
Knowledge transfer
Government cyber security capacity
Attitudes toward globalization
-
Entrepreneurial fear of failure
Privacy protection by law content
181
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