IMD World Digital Competitiveness Ranking 2020

FACTORS BREAKDOWN - STRENGTHS AND WEAKNESSES HONG KONG SAR

u Overall top strengths w Overall top weaknesses

KNOWLEDGE

Subfactors

2016 2017 2018 2019 2020 3 4 5 4 7 26 27 13 12 5 6 7 5 16 17

Talent

Scientific concentration Training & education

Talent

Training & education

Scientific concentration Total expenditure on R&D (%) Total R&D personnel per capita

Rank

Rank

Rank

30 w

Educational assessment PISA - Math 3

Employee training

42 31

4 w

International experience

Total public expenditure on education

45

Higher education achievement

Female researchers

Foreign highly-skilled personnel

14

9

-

Management of cities

4

Pupil-teacher ratio (tertiary education)

30

R&D productivity by publication Scientific and technical employment

19

13 u

Digital/Technological skills

Graduates in Sciences Women with degrees

2

3 2

w Net flow of international students

- u

High-tech patent grants

43

w

Robots in Education and R&D

54

TECHNOLOGY

Subfactors

2016 2017 2018 2019 2020 4 6 14 12 7 2 6 6 6 12 11 9 11 3 2

Technological framework Regulatory framework Capital

Regulatory framework

Capital

Technological framework Communications technology Mobile Broadband subscribers

Rank

Rank

Rank

IT & media stock market capitalization Funding for technological development

Starting a business Enforcing contracts Immigration laws

4

5

7

25

15

13

Banking and financial services

Wireless broadband

8

7

8

Country credit rating

Internet users

Development & application of tech.

16 20

15

13

Scientific research legislation Intellectual property rights

Venture capital

8

Internet bandwidth speed High-tech exports (%)

6 1

12 w

46 u

Investment in Telecommunications

FUTURE READINESS

Subfactors

2016 2017 2018 2019 2020 6 9 11 12 4 57 25 26 8 14 20 21 25 22 19

Adaptive attitudes Business agility

IT integration

Adaptive attitudes

Business agility

IT integration E-Government

Rank

Rank

Rank

- u

E-Participation Internet retailing Tablet possession

Opportunities and threats World robots distribution

1

-

24

37

Public-private partnerships

13

6 1 3

Agility of companies

4

Cyber security Software piracy

9

u Smartphone possession

Use of big data and analytics

21 11 23

28

Attitudes toward globalization

Knowledge transfer

Entrepreneurial fear of failure

85

IMD WORLD DIGITAL COMPETITIVENESS RANKING 2020