The Determinants of National Competitiveness

Abstract

University, and MOC faculty workshop for very helpful comments. The authors at various times made compensated presentations at meetings that focused on issues of national competitiveness, using the data and results presented in the enclosed paper. This work was funded in part by the World Economic Forum. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peerreviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications.

From the Concept to the Measurement of Sustainable Competitiveness: Social and Environmental Aspects

“…The dominant view is that it is at this level of analysis that policy should be most effective to foster competitiveness. Cost based approaches fail to make a significant contribution in this regard (Delgado et al, 2012;Porter, Delgado, Ketels, & Stern, 2008).…”

“…Competitiveness in this context refers to the level of local (national or regional) productivity (Delgado, Ketels, Porter, & Stern, 2012) rather than market-share or costcompetitiveness which focus on cost-efficiency or the ability of nations to compete in the international market. The level of productivity sets the level of prosperity that can be reached by an economy -where prosperity is related to the value of economic output and the quality of that output (Porter et al, 2008), and where the productive capacity contributes to a general rise in living standards, freeing people to make choices, and enabling a more equal distribution of opportunities (Commission on Growth and Development, 2008).…”

“…They are categorised as traditional drivers, recently identified drivers, and more complex drivers that have not yet been fully understood (Delgado et al, 2012;Ketels, 2016;Porter et al, 2008). Measuring competitiveness from a productivity standpoint requires a broad scope encompassing different interacting dynamics relative to cost-based perspectives.…”

Intangible Investment in Resource Limited Environment, Corporate Governance

“…Moreover, it is essential that the firm to recognizes the value of new, external information, assimilate it, and apply it to commercial ends is crucial to its innovative capabilities. Firm's absorptive capacities are largely a function of the firm's level of prior related knowledge (Cohen & Leventhal 1990) and the strategic orientation of the firm related to its competitiveness goals (Prašnikar et al, 2016, Nelson and Winter, 1982, Delgado et al, 2012.…”

Does the EU Funding Increase Competitiveness of Firms by Supporting Organisational Changes?

“…However, the simple rationality of low-price strategy presents uncertainties (Ariely, 2009). Then, academics and policy-makers focus on productivity as a more complex decisive factor to analyse competitiveness (Delgado et al, 2012). In our case, productivity is selected as a competitiveness indicator similarly to Hudrlíková and Vltavská (2013).…”