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International Comparison

International Comparison

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International Comparison. Business Environment and Innovation. C ost 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/#. - PowerPoint PPT Presentation

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Page 1: International Comparison

International Comparison

Page 2: International Comparison

2

Business Environment

and Innovation

Page 3: International Comparison

Cost of capital

Cost of capital encourages business development (1=worst; 10=best), 2012

Source: IMD World Competitiveness Yearbook, 2012http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/#

China

The USA

Germany

Sweden

Finland

0 1 2 3 4 5 6 7 8

Page 4: International Comparison

Transparency

Transparency of government policy is satisfactory (1=worst; 10=best), 2012

Source: IMD World Competitiveness Yearbook, 2012http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/#

China

The USA

Germany

Sweden

Finland

0 1 2 3 4 5 6 7 8

Page 5: International Comparison

Corruption Perceptions Index (CPI)

The corruption perceptions index (1=high; 10=low), 2011

Source: Transparency International Corruption Perceptions Index 2011http://cpi.transparency.org/cpi2011/

China

The USA

Germany

Sweden

Finland

0 1 2 3 4 5 6 7 8 9 10

Page 6: International Comparison

Ease of doing business

Ease of doing business is supported by regulations (1=worst; 10=best), 2012

Source: IMD World Competitiveness Yearbook, 2012http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/#

China

The USA

Germany

Sweden

Finland

0 1 2 3 4 5 6 7

Page 7: International Comparison

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

China

The USA

Germany

Sweden

Finland

0 2 4 6 8 10 12 14

Page 8: International Comparison

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

China

The USA

Germany

Sweden

Finland

0 5 10 15 20 25 30 35 40

Page 9: International Comparison

Bureaucracy

Bureaucracy does not hinder business activity (1=worst; 10=best), 2012

Source: IMD World Competitiveness Yearbook, 2012http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/#

China

The USA

Germany

Sweden

Finland

0 1 2 3 4 5 6 7

Page 10: International Comparison

Foreign investors

Foreign investors are free to acquire control in domestic companies (1=worst; 10=best), 2012

Source: IMD World Competitiveness Yearbook, 2012http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/#

China

The USA

Germany

Sweden

Finland

0 1 2 3 4 5 6 7 8 9 10

Page 11: International Comparison

Total tax rate

Combination of profit tax (% of profits), labor tax and contribution (% of profits), and other taxes (% of profits, 2010)

China

The USA

Germany

Sweden

Finland

0 10 20 30 40 50 60 70

Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF)http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf

Page 12: International Comparison

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

China

The USA

Germany

Sweden

Finland

0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 5

Page 13: International Comparison

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

China

The USA

Germany

Sweden

Finland

0 0.5 1 1.5 2 2.5 3 3.5 4 4.5 5

Page 14: International Comparison

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

China

The USA

Germany

Sweden

Finland

0 1 2 3 4 5 6

Page 15: International Comparison

Source: World Bankhttp://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS

R&D investments (as % of GDP), 2010

15

China

The USA

Germany

Sweden

Finland

0 0.5 1 1.5 2 2.5 3 3.5 4

Page 16: International Comparison

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

China

The USA

Germany

Sweden

Finland

0 1 2 3 4 5 6

Page 17: International Comparison

Language skills

Language skills are meeting the needs of enterprises (1=worst; 10=best), 2012

Source: IMD World Competitiveness Yearbook, 2012http://www.imd.org/research/publications/wcy/World-Competitiveness-Yearbook-Results/#

China

The USA

Germany

Sweden

Finland

0 1 2 3 4 5 6 7 8 9

Page 18: International Comparison

Global competitiveness- Score and Rank in the Global Competitiveness Index (2011-2012)

Country Score RankFinland 5.47 4Sweden 5.61 3Germany 5.41 6The USA 5.43 5

Source: The Global Competitiveness Report 2011-2012, World Economic Forum (WEF)http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf

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