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International Comparison. 2 Business Environment and Innovation.

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Presentation on theme: "International Comparison. 2 Business Environment and Innovation."— Presentation transcript:

1 International Comparison

2 2 Business Environment and Innovation

3 Cost of capital Cost of capital encourages business development (1=worst; 10=best), 2012 Source: IMD World Competitiveness Yearbook, 2012 http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/#

4 Transparency Transparency of government policy is satisfactory (1=worst; 10=best), 2012 Source: IMD World Competitiveness Yearbook, 2012 http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/#

5 Corruption Perceptions Index (CPI) The corruption perceptions index (1=high; 10=low), 2011 Source: Transparency International Corruption Perceptions Index 2011 http://cpi.transparency.org/cpi2011/

6 Ease of doing business Ease of doing business is supported by regulations (1=worst; 10=best), 2012 Source: IMD World Competitiveness Yearbook, 2012 http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/#

7 Number of procedures required to start a business Number of procedures required to start a business, 2010 Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF) http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf

8 Time required to start a business Number of days required to start a business, 2010 Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF) http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf

9 Bureaucracy Bureaucracy does not hinder business activity (1=worst; 10=best), 2012 Source: IMD World Competitiveness Yearbook, 2012 http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/#

10 Foreign investors Foreign investors are free to acquire control in domestic companies (1=worst; 10=best), 2012 Source: IMD World Competitiveness Yearbook, 2012 http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/#

11 Total tax rate Combination of profit tax (% of profits), labor tax and contribution (% of profits), and other taxes (% of profits, 2010) Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF) http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf

12 Easy of accesses to loans How easy to get a bank loan with only good business plan and no collateral (1=very difficult; 7=very easy), 2010–2011, weighted average Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF) http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf

13 Venture capital availability How easy is it for entrepreneurs with innovative but risky projects to find venture capital? (1=very difficult; 7=very easy), 2010–2011, weighted average Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF) http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf

14 University-industry collaboration in R&D To what extent do business and universities collaborate on research and development (R&D) in your country? (1 = do not collaborate at all; 7 = collaborate extensively), 2010–2012, weighted average Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF) http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf

15 Source: World Bank http://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS R&D investments (as % of GDP), 2010 15

16 Quality of the educational system How well does the educational system in your country meet the needs of a competitive economy? (1 = not well at all; 7 = very well), 2010–2011, weighted average Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF) http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf

17 Language skills Language skills are meeting the needs of enterprises (1=worst; 10=best), 2012 Source: IMD World Competitiveness Yearbook, 2012 http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/#

18 Global competitiveness- Score and Rank in the Global Competitiveness Index (2011-2012) CountryScoreRank Finland5.474 Sweden5.613 Germany5.416 The USA5.435 Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF) http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf 18

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