This is the result of a study on the impact of Information Technology (IT) on the competitiveness of nations, conducted and recently published by the World Economic Forum (WEF). The WEF study examined 115 countries and territories worldwide, considering various factors such as the quality of education in mathematics and science, telecommunication costs, and internet access…
According to this research, the top five rankings are held by the United States, Singapore, Denmark, Iceland, and Finland. In Asia, Singapore ranks first, followed by Taiwan, Hong Kong, South Korea, and Japan. China is in the ninth position, while Vietnam stands at 13th (75th overall in the global ranking).
From fifth place in 2004, the United States surged to the top in 2005 due to the robustness of its infrastructure, the development of its business environment, and the ability to adopt new technologies. Economist Irene Mia, a member of WEF, stated: “The technological innovation capacity of the United States is the best in the world, with an increasingly high-quality education system and increasingly specialized research.” Moreover, the U.S. excels in providing funding for emerging businesses in the technology sector, which often involves considerable risk. “The investment in research and development in the U.S. far exceeds that of other countries,” Ms. Irene Mia added.
WEF is a non-profit organization dedicated to global economic development. This organization is known for its annual forums in Davos, Switzerland, where business leaders and national policymakers gather to discuss global economic issues.
