IMD World Digital Competitiveness

FACTORS BREAKDOWN - STRENGTHS AND WEAKNESSES VENEZUELA

u Overall top strengths Overall Top Strengths

w Overall top weaknesses Overall Top Weaknesses

KNOWLEDGE

2019 2020 2021 2022 2023 63 63 64 63 62 56 47 52 60 64 51 48 49 47 45

Sub-Factors

Talent

Training & education

Scientific concentration

Training & education

Scientific concentration

Talent

Rank

Rank

Rank

- -

-

58 64

Employee training

Total expenditure on R&D (%)

Educational assessment PISA - Math

60 64 64 64

Total public expenditure on education

Total R&D personnel per capita

w

International experience

03

- - - -

Higher education achievement

Female researchers

u

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

54 54

-

Women with degrees

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

Net flow of international students

TECHNOLOGY

2019 2020 2021 2022 2023 63 63 64 63 64 63 63 64 63 64 63 63 63 63 64

Sub-Factors

Regulatory framework Capital

Technological framework

Capital

Technological framework

Regulatory framework

Rank

Rank

Rank

64 59 64 61 63

64 61 59 63 64 64

60 64 64 64 64

IT & media stock market capitalization

Communications technology

w

w Starting a business Enforcing contracts

Funding for technological development

Mobile broadband subscribers

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 63 63 64 63 64 49 49 52 55 44 63 63 64 63 64

Sub-Factors Adaptive attitudes Business agility

IT integration

Business agility

IT integration

Adaptive attitudes

Rank

Rank

Rank

62 64 64 62 43 57

62

14 56 35 60 63

Opportunities and threats

E-Government

u

E-Participation

-

World robots distribution

Public-private partnerships

Internet retailing

48 61 42

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

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