IMD World Competitiveness Ranking 2023
FACTORS BREAKDOWN - STRENGTHS AND WEAKNESSES SINGAPORE
u Overall top strengths v r ll T Str t
w Overall top weaknesses w Overall Top Weaknesses
KNOWLEDGE
2019 2020 2021 2022 2023 01 01 02 03 04 04 07 13 09 09 22 10 11 11 11
Sub-Factors
Talent
Training & education
Scientific concentration
Training & education
Scientific concentration
Talent
Rank
Rank
Rank
18 15 45 42 22 01 30
02 11 06 06 12 07
27 62 02 26 03
Employee training
Total expenditure on R&D (%)
Educational assessment PISA - Math
Total public expenditure on education
Total R&D personnel per capita
w
International experience
Higher education achievement
Female researchers
u
w
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
-
Women with degrees
High-tech patent grants Robots in Education and R&D
u
Net flow of international students
TECHNOLOGY
2019 2020 2021 2022 2023 02 01 05 01 01 08 11 14 11 15 01 01 02 02 02
Sub-Factors
Regulatory framework Capital
Technological framework
Capital
Technological framework
Regulatory framework
Rank
Rank
Rank
23 22 06 25 01 03
03 01 49 11 08 09
28 04 06 01 10 58
IT & media stock market capitalization
Communications technology
Starting a business
Funding for technological development
Mobile broadband subscribers
u Enforcing contracts w Immigration laws
Banking and financial services
Wireless broadband
Country credit rating
Internet users
u
Development & application of tech.
Venture capital
Internet bandwidth speed
u
Scientific research legislation
Investment in Telecommunications
High-tech exports (%)
w
Intellectual property rights
FUTURE READINESS
2019 2020 2021 2022 2023 19 20 11 17 13 06 11 12 09 14 04 03 07 08 11
Sub-Factors Adaptive attitudes Business agility
IT integration
Business agility
IT integration
Adaptive attitudes
Rank
Rank
Rank
12 08 08 17 10 50
03 24 15 38 13
16 14 24 11 05
Opportunities and threats
E-Government
E-Participation
World robots distribution
Public-private partnerships
Internet retailing
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
w
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