• Title/Summary/Keyword: Global Competitiveness Index

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An Analysis for Urban Competitiveness of Global Cities & 7 Metropolitan Korean Cities using Oxford Economics Data (우리나라 7대 광역시와 세계 770개 도시 경쟁력 비교분석 - Oxford Economics 자료에 근거한 도시경쟁력 -)

  • Cho, Jae Ho
    • Journal of the Korean Regional Science Association
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    • v.33 no.4
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    • pp.3-17
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    • 2017
  • This study ranks by developing an urban competitiveness index of major global cities, including seven cities in Korea using data from the Global Cities Forecast (2013) provided by Oxford Economics. The City competitiveness index is selected from 18 indicators including scale index, ratio index, growth rate index while Gini coefficient is used for distribution index. In order to analyze the relationship between the competitiveness index and the distribution index, we use the LOGIT panel regression model. As a result, the increase in income inequality (Gini coefficient) has a negative effect on the economic growth rate in 5-year time lag shown statistically significant. We have compiled global rankings of 770 city competitiveness based upon 19 indicators by combining the global competitiveness index and the distribution index. The trend of rank shows that 7 Metropolitan Korean Cities are expected to decline substantially over the period. In particular, Seoul ranked $59^{th}$ in 2010 and $74^{th}$ in 2015. Its ranking is expected to be decline to $185^{th}$ in 2030. The declining competitiveness of Korean cities is expected to lead to a weakening of Korea's national competitiveness in the long run. Accordingly, it is imperative to identify problems and seek strategic plans to secure global urban competitiveness.

A Study on The Competitiveness Evaluation Index Development of Global Aviation Training Organizations (글로벌 항공교육훈련기관 경쟁력 평가 지표 개발에 관한 연구)

  • Yi, Yong-Ki;Yoo, Kwang-Eui;Park, Sung-Sik
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.23 no.1
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    • pp.74-84
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    • 2015
  • The purpose of this study is to develop competitiveness evaluation index for global aviation training organizations. Research and studies on relevant documents were conducted to establish the index. With no sufficient study results previously done directly associated with global aviation training organization, relevant and related documents, such as studies on competitiveness evaluation index of higher educational institutions, were reviewed as an alternative. Two rounds of delphi surveys were conducted based on the review and consultation from experts in aviation training and human resource management fields. First round of survey with 62 evaluation indices were carried out, through which a total of 29 were selected, and 19 indices were chosen during the second round of survey. However, factor analysis was conducted in order to justify the survey result, which eliminated 3 more indices, with 16 finally selected. This study will provide implications for aviation training organizations which need to further improve their competitiveness globally.

The Possibilities of Cultural Diplomacy for Sustainable Development at Different Levels of Social Interactions

  • Pletsan, Khrystyna;Konovalova, Marta;Varenia, Nataliia;Khodanovych, Vitalii;Rozvadovskyi, Oleksandr
    • International Journal of Computer Science & Network Security
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    • v.22 no.7
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    • pp.283-293
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    • 2022
  • One of the important areas of state policy in the socio-economic and cultural development of the country is cultural diplomacy. It contributes to the information dissemination about the country, strengthens interstate relations, and forms a positive image. Through cultural diplomacy, we achieve a positive perception of the world community of the country, determined by its place in the modern system of international relations. The aim of the study is a comparative analysis of cultural diplomacy opportunities for sustainable development at different levels of public relations, as well as the impact of cultural diplomacy opportunities on the indicators of the Global Sustainable Competitiveness Index and the Global Sustainable Development Index. Regarding the results of the research on the impact of cultural diplomacy opportunities on the indicators of the Global Index of Sustainable Competitiveness and the Global Index of Sustainable Development, four groups are identified among the countries of the European Union: countries with a very high level of sustainable competitiveness and sustainable development; countries with a high level of sustainable competitiveness and sustainable development; countries with low levels of sustainable competitiveness and sustainable development.

The Interaction between Labor Productivity and Competitiveness in Vietnam

  • DONG, Nguyen Thi;DIEM, Tran Thi Ai;CHINH, Bui Thi Hong;HIEN, Nguyen Thi Diu
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.619-627
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    • 2020
  • This study measures the relationship between labor productivity and national competitiveness. Through the shift- share analysis method, the paper has separated labor productivity into three factors: static shift effect, dynamic shift effect and endogeneous effect. Next, in combination with the Granger causality test, the paper examines the relationship between the factors constituting labor productivity and competitiveness during the period from 2005 to 2017. Research data is collected from General Statistics Office and annual global competitiveness reports. The results show that the interaction between labor productivity with global competitiveness index (GCI) in Vietnam has similar variation. Nevertheless, when separating labor productivity into three effects, this relationship shows more clearly that the impact of labor productivity on GCI scores is mainly caused by endogeneous effect, not by static shift effect or dynamic shift effect. Therefore, in order to improve its competitiveness, Vietnam should focus on a number of solutions: reforming the education system towards developing thinking capacity and creative capacity; fostering industrial manners to create dynamic and flexible workers; building the State with sufficient capacity to implement consistent and transparent policies; formulating policies to attract all economic sectors so that they actively participate in the field of human resource training for the country.

A comparative analysis on market and technology in water industry (물산업 시장과 기술 비교분석)

  • Park, Imsu
    • Journal of Korean Society of Water and Wastewater
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    • v.35 no.6
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    • pp.437-454
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    • 2021
  • This study investgates Korean water technology through the water market perspective and analyses its competitiveness. Based on the water technology classification, water technology competitiveness is analysed through the technological influence index and market dominance index which are based on the extracted water technology patents from the US, Europe, Korea, and Japan for the last decade. As a result, the Korean water technology patents were lack in influence and competitiveness in global market considering the large volume of patents. There are two most tech-influential industries in Korea; manufacturing industry consisting pipes, sterilization, disinfection, and advanced water purification equipment, and construction industry including seawater desalination and water resource development. Due to the domestic usage of the patents, the Korean water technology patents scored low in global market PFS(Patent Family Size) index compared to their CPP(Cites Per Patent) index. The study is meaningful in a way that the analysis on Korean water technology competitiveness using water technology classification system and patent analysis was conducted based on the perspective of the global water market.

A Comparative Study on FDI Attractiveness Index between Korea and the United States (한·미간 FDI 매력도 비교 연구)

  • Byung-Soo Ahn
    • Korea Trade Review
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    • v.46 no.2
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    • pp.141-160
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    • 2021
  • The scale of global FDI has been decreasing since 2016 due to the ongoing US-China trade dispute, the strengthening of FDI inflow screening regulations with concern over strategic technology leaks, and the spread of reshoring trends due to the reinforcement of national preferences. Eventually, the competition to attract FDI between countries is expected to become more intense. Therefore, in order to attract high-quality FDI for Korea that will contribute to the development of the national economy, it is pressing to evaluate and improve the domestic FDI attraction environment. This study aims to analyze which areas of Korea's economic and non-economic environments need improvement for gaining advantage amid the fierce competition to attract FDI between countries, by the relative comparison between Korea and the U.S., and based on the ranking indicated in key FDI attractiveness indices. As a result, improvement is needed in the following areas. First, according to IMD's "World Competitiveness Ranking 2020," Korea was inferior to the US in terms of business efficiency, productivity, finance and business legislation in terms of government efficiency. Second, according to INSEAD's "Global Talent Competitiveness Index 2020," Korea was inferior to the US in terms of internal openness, external openness, employability, lifelong learning, access to growth opportunity, and business and labor landscapes. Third, according to WEF's "Global Competitiveness Index 2019", Korea was inferior to the US in terms of product market, labor market, business dynamism and workforce skills.

Global IT Industry Competitiveness and e-Readiness of Korean Economy (한국의 글로벌 IT산업 경쟁력과 이비즈니스 준비도)

  • Park, Kyung-Hye
    • Proceedings of the Korea Society for Industrial Systems Conference
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    • 2008.10b
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    • pp.48-53
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    • 2008
  • The information technology, in the digital economy era, does a very important role not only for the country's administrative management innovation but also for the business and for the everyday life. Specifically, the e-business for the company or organization is defined as "using the Internet and IT, rescheduling of business process management activities to increase productivity and efficiency and to create new business opportunities." Thanks to the Korea's recent efforts, overall level of informatization and digitalization is able to receive high praise. But the e-business readiness (e-readiness) level is still expected a lot of room for improvement. In this paper, I try to analyze the informatization level of Korea's by the EIU's e-business readiness index and IT industry competitiveness index, to prepare a full-scale e-business era of global competitiveness through any preparation that could do to improve the situation from the analysis of statistical data.

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SOC Investment Promotion Strategy for Strengthening Global Competitiveness (국가경쟁력 강화를 위한 SOC 투자 전략)

  • Lee, Sun
    • Journal of the Korean Professional Engineers Association
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    • v.45 no.5
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    • pp.26-35
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    • 2012
  • Korea is now the 12th largest economy in the world, surpassing its annual trade in the amount of $1 trillion, and it has joined the socalled 20-50 Club, becoming one of the seven countries in the world with capita income of more than $20,000 with population of 50 million. However it ranked 24th of the Global competitiveness index evaluated by World Economic Forum based on the basic requirements including infrastructures, efficiency enhances, innovation and sophistication factors, etc. The extensive and efficient SOC infrastructures are critical for ensuring the global competitiveness of each country. Effective modes of SOC facilities including quality roads, railroads, ports, air transport, etc will be able to reduce the annual traffic congestion cost as well as macro economic logistics costs in Korea, thereby the global competitiveness can be strengthened in the global market.

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A study on the oversea construction competitiveness evaluation by ENR data (ENR 통계데이터를 활용한 글로벌 해외건설 경쟁력평가 기초연구)

  • Han, Jae-Goo;Park, Hwan-Pyo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2011.11a
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    • pp.185-187
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    • 2011
  • The purpose of this study is to develop and apply the oversea construction competitiveness evaluation model which measures the competitiveness of construction companies in global construction market. This model consists of the design and construction competitiveness indexes by ENR statistic data and provides the oversea construction competitiveness index based on the evaluation model.

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Technology Management and Challenges of Vietnamese Enterprises in the International Market

  • Tuan, Nguyen Anh;Thanh, Nguyen Minh;Loc, Tran Thi
    • The Journal of Asian Finance, Economics and Business
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    • v.5 no.1
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    • pp.43-52
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    • 2018
  • This research aims to evaluate the current state of technology of enterprises in Vietnam in comparison with several countries in the AEC economic community, thereby to propose several recommendations to Vietnamese enterprises in order able to promote technology innovation activities, create competitiveness with enterprises in the region. Qualitative research methods are used through statistics and comparative descriptions from data collected from various sources: WEF, World Bank, CIEM, General Statistic Office. The study results show that Vietnamese enterprises still have many limitations in technology, originated from their small business scale (capital and labor), the current research capacity is still low, the funding for this activity is not high and the accessibility of the capital is still difficult. According to the Global Competitiveness Index, Vietnam's science and technology indexes are low compared to other AEC-developed countries including the availability of the latest technology; the acquisition of technology at the enterprise level; the capacity of improvement; quality of scientific research organizations..., which shall be a major barrier for Vietnamese enterprises to have to overcome to be able to create the competitiveness when entering the global market. From then on, the authors proposed solutions for two subjects, enterprises and government, to help Vietnamese enterprises to overcome this barrier.