IMD World Competitiveness Ranking 2023
FACTORS BREAKDOWN - STRENGTHS AND WEAKNESSES TAIWAN, CHINA
u Overall top strengths v r ll T Str t
w Overall top weaknesses w Overall Top Weaknesses
KNOWLEDGE
2019 2020 2021 2022 2023 21 18 17 21 22 20 21 12 11 10 15 18 19 21 21
Sub-Factors
Talent
Training & education
Scientific concentration
Training & education
Scientific concentration
Talent
Rank
Rank
Rank
03 01 54 32 47 20 19
04 40 44 17 32 13
07 52 03 50 07 08
Employee training
Total expenditure on R&D (%)
Educational assessment PISA - Math
Total public expenditure on education
Total R&D personnel per capita
w
u
International experience
Higher education achievement
Female researchers
w
Foreign highly skilled personnel
Pupil-teacher ratio (tertiary education)
R&D productivity by publication
w
Management of cities
Graduates in Sciences
Scientific and technical employment
w
Digital/Technological skills
Women with degrees
High-tech patent grants Robots in Education and R&D
Net flow of international students
TECHNOLOGY
2019 2020 2021 2022 2023 23 16 16 14 16 12 08 02 09 05 04 04 04 04 05
Sub-Factors
Regulatory framework Capital
Technological framework
Capital
Technological framework
Regulatory framework
Rank
Rank
Rank
19 01 10 22 13 04
10 11 31 25 16 20
01 18 14 15 19 46
IT & media stock market capitalization
Communications technology
u
Starting a business
Funding for technological development
Mobile broadband subscribers
u
Enforcing contracts
Banking and financial services
Wireless broadband
Immigration laws
Country credit rating
Internet users
Development & application of tech.
Venture capital
Internet bandwidth speed
Scientific research legislation
Investment in Telecommunications
High-tech exports (%)
w
Intellectual property rights
FUTURE READINESS
2019 2020 2021 2022 2023 14 14 13 13 17 03 01 02 05 01 24 17 15 13 14
Sub-Factors Adaptive attitudes Business agility
IT integration
Business agility
IT integration
Adaptive attitudes
Rank
Rank
Rank
-
-
05 07 01 01 12 18
Opportunities and threats
E-Government
E-Participation
13 19 25 09 40
26 20 07 06
World robots distribution
Public-private partnerships
Internet retailing
Agility of companies
Cyber security
u
Tablet possession
Use of big data and analytics
Software piracy
u
Smartphone possession
Knowledge transfer
Government cyber security capacity
Attitudes toward globalization
Entrepreneurial fear of failure
Privacy protection by law content
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