IMD World Digital Competitiveness

FACTORS BREAKDOWN - STRENGTHS AND WEAKNESSES ICELAND

u Overall top strengths Overall Top Strengths

w Overall top weaknesses Overall Top Weaknesses

KNOWLEDGE

2019 2020 2021 2022 2023 34 33 35 24 32 18 15 22 26 26 39 46 39 45 37

Sub-Factors

Talent

Training & education

Scientific concentration

Training & education

Scientific concentration

Talent

Rank

Rank

Rank

14 02 13 60 26 47 54

25 49 37 40 08 58

30 03 36 42 53 18

Employee training

Total expenditure on R&D (%)

Educational assessment PISA - Math

Total public expenditure on education

Total R&D personnel per capita

u

u

International experience

Higher education achievement

Female researchers

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

Digital/Technological skills

Women with degrees

High-tech patent grants Robots in Education and R&D

w Net flow of international students

w

TECHNOLOGY

2019 2020 2021 2022 2023 15 15 14 11 11 39 35 26 17 27 15 16 03 05 04

Sub-Factors

Regulatory framework Capital

Technological framework

Capital

Technological framework

Regulatory framework

Rank

Rank

Rank

05 04 15 03 02 07

32 25 10 09 11 08

-

IT & media stock market capitalization

Communications technology

Starting a business

12 12 34 20 50

Funding for technological development

Mobile broadband subscribers

Enforcing contracts

Banking and financial services

Wireless broadband

Immigration laws

Country credit rating

Internet users

Development & application of tech.

Venture capital

Internet bandwidth speed

u

Scientific research legislation

Investment in Telecommunications

High-tech exports (%)

Intellectual property rights

FUTURE READINESS

2019 2020 2021 2022 2023 28 25 31 21 11 24 19 16 12 13 28 27 27 30 31

Sub-Factors Adaptive attitudes Business agility

IT integration

Business agility

IT integration

Adaptive attitudes

Rank

Rank

Rank

05 43 21 34 53 32

16 20

02 54 04 14 21

Opportunities and threats

E-Government

u

E-Participation

World robots distribution

Public-private partnerships

w

Internet retailing

-

Agility of companies

Cyber security

Tablet possession

01 09

Use of big data and analytics

Software piracy

u Smartphone possession

Knowledge transfer

Government cyber security capacity

w

Attitudes toward globalization

-

Entrepreneurial fear of failure

Privacy protection by law content

101