IMD World Digital Competitiveness

FACTORS BREAKDOWN - STRENGTHS AND WEAKNESSES KOREA REP.

u Overall top strengths Overall Top Strengths

w Overall top weaknesses Overall Top Weaknesses

KNOWLEDGE

2019 2020 2021 2022 2023 30 21 26 33 31 05 11 16 16 06 06 04 03 03 02

Sub-Factors

Talent

Training & education

Scientific concentration

Training & education

Scientific concentration

Talent

Rank

Rank

Rank

02 04 55 26 31 03 04

06 51 47 08 48 37

23 26 04 25 09 21

Employee training

Total expenditure on R&D (%)

u

Educational assessment PISA - Math

Total public expenditure on education

Total R&D personnel per capita

w International experience

Higher education achievement

Female researchers

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

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 26 26 23 23 26 29 25 16 15 24 07 03 07 07 08

Sub-Factors

Regulatory framework Capital

Technological framework

Capital

Technological framework

Regulatory framework

Rank

Rank

Rank

11 12 28 09 15 06

19 02 46 52 32 28

03 36 50 16 44 23

IT & media stock market capitalization

Communications technology

Starting a business

Funding for technological development

Mobile broadband subscribers

u Enforcing contracts

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 04 01 02 01 01 05 03 05 02 03 21 15 16 14 12

Sub-Factors Adaptive attitudes Business agility

IT integration

Business agility

IT integration

Adaptive attitudes

Rank

Rank

Rank

03 40 24 20 06 33

09 02 21 06 07

43 03 28 31 26 02

Opportunities and threats

E-Government

E-Participation

World robots distribution

Public-private partnerships

u

u 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

u

119