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Talent-Driven Innovation

2013 Global Manufacturing Competitiveness Index


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What the survey reveals the quality and availability of a country’s skilled workforce, including researchers, scientists, and engineers, and the resulting ability to drive innovation was noted by executives participating in the 2013 GMCI survey as the most important driver of manufacturing competitiveness. 

Talent-driven innovation, which came out as a clear winner in both 2010 and 2013 GMCI rankings, remains the linchpin of manufacturing competitiveness.

At the country level, executives participating in the 2013 GMCI survey see developed nations, such as Germany and the U.S., as the most competitive nations with respect to their ability to promote talent and innovation. This is especially interesting when looking at specific talent and innovation metrics, which might signify that although Germany and the U.S. have strong Innovation Index scores, countries — such as South Korea and Singapore — are very competitive on multiple measures like researchers per million population and basic math and science test scores.

The efficiency of developed nations’ innovation ecosystems enables countries and companies to get much more innovation while requiring less input. So although the overall test scores of the general public are lower in the U.S. and Germany, the robust innovation ecosystems that have been developed over time are so entrenched that they can remain highly productive relative to innovation (i.e., using less new contributions to the innovation infrastructure).

Unless more significant strides are made in improving their education systems and raising the human capital bar further, developed nations like the U.S, Germany, and Japan would continue to be surpassed by other emerging nations like Singapore — which is ranked fourth in the World Economic Forum’s Global Competitiveness Report among 142 countries with respect to secondary education and training, ranked number one in terms of quality of math and science education, and as illustrated in Figure 4, has a high per capita of researchers. Interestingly, the emerging countries — India, China and Brazil — currently lag their developed nation counterparts on talent and have the opportunity to develop this area further.

2013 Global Manufacturing Competitiveness Index

Main page: Return 2013 Index overview
Continue reading: Country analyses, appendix A

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