The Atlantic Century: Benchmarking EU and U.S. Innovation and Competitiveness
Year: 2009
Type: preprint
Abstract: It has become almost a cliche to point out that the rise of advanced transportation and communication technologies have provided firms much more locational freedom and that the market for an increased share of goods and services is now international. But these and other factors have dramatically increased the pressures on nations to be globally competitive, and the global economic recession will only heighten such pressures. Moreover, many nations no longer compete principally on low costs, but instead compete on the basis of innovation and knowledge as they seek to create, grow and attract high value-added firms. This report assesses nations’ innovation-based, global competitiveness. Unlike other reports that evaluate a country’s economic structure or policy factors or economic performance alone, this study is based on a recognition that all these factors must be considered together to create a holistic understanding of how a country is performing in terms of global innovation and competitiveness and whether or not that performance is expected to continue, decline, or increase in the future. The 16 indicators used in this study to assess global competitiveness fall into six broad categories: (1) human capital; (2) innovation capacity; (3) entrepreneurship; (4) IT infrastructure; (5) economic policy; and (6) economic performance.
Source: SSRN Electronic Journal
Authors: Robert D. Atkinson, Scott M. Andes
Institution: Information Technology and Innovation Foundation
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2200332934