5 Executive Summary 7 Section One: How Innovation Capabilities Influence the Competitiveness Divide 8 Section Two:
Silicon valley and Israel, led by a senior executive with enough credibility in the company to champion collaboration cases.
 Second, BT involves senior executives early in the collaboration process, by organizing meetings with selected companies during dedicated
executives understand the perspective of smaller companies and what they expect from a partnership. BT has specific â€oelight†versions of processes for running proof of concept
Firm paradigm, the first question for executives will be whether they can understand the direction and forces
Jeroen Van der veer, Executive Member of the Governing Board, European Institute of Innovation and Technology Hungary;
1. 3 The Executive Opinion Survey: 85 The Voice of the Business community by Ciara Browne, Attilio Di Battista, Thierry Geiger, and Tania
Manaesha Fowdar, Investment Executive, Competitiveness Khoudijah Maudarbocus-Boodoo, Director Ken Poonoosamy, Managing director Joint Economic Council
Teo Xinyu, Executive, Research & Statistics Unit  2014 World Economic Forum x The Global Competitiveness Report 2014†2015
annual Executive Opinion Survey (the Survey) to capture concepts that require a more qualitative assessment
Respondents to the Executive Opinion Survey 2014 cited the difficulty of finding qualified workers as
executives, although research institutes are assessed more favorably (53rd) and the country†s patenting rate is
Indicators that are derived not from the Executive Opinion Survey (the Survey) are identified by an asterisk
Findings from the Executive Opinion Survey (the Survey) show that the stringency of regulations has increased
World Economic Forum, Executive Opinion Survey, multiple years Note: Full Survey questions are provided here Stringency of environmental regulations:
Variables that are derived not from the Executive Opinion Survey (the Survey) are identified by an asterisk
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The Executive Opinion Survey the Survey) is the longest-running and most extensive survey of its kind.
The Executive Opinion Survey 86 The Global Competitiveness Report 2014†2015 Table 1: The 42 languages in which the 2014 Survey was available
Descriptive statistics of the Executive Opinion Survey 2014 Source: International monetary fund, World Economic Outlook database, April 2014 edition
The Executive Opinion Survey this year. The Survey was completed not to minimum requirements in Benin, Brunei Darussalam, or Liberia
Country/economy coverage of the Executive Opinion Survey n Previous coverage n 2014 additions  2014 World Economic Forum
The Executive Opinion Survey 88 The Global Competitiveness Report 2014†2015  2014 World Economic Forum
The Executive Opinion Survey  2014 World Economic Forum 1. 3: The Executive Opinion Survey
90 The Global Competitiveness Report 2014†2015 administered in a variety of formats, including face-to
A brief history of the Executive Opinion Survey and The Global Competitiveness Report The Global Competitiveness Report began as a research
and is today known as the Executive Opinion Survey (the Survey. Over the years, it has undergone
The Executive Opinion Survey undertaken two audits since 2008 as well as yearly reviews of both the Index and the Survey
The Executive Opinion Survey 92 The Global Competitiveness Report 2014†2015 Box 3: Insights from the Executive Opinion Survey 2014
The respondents of the Executive Opinion Survey largely reflect the characteristics and diversity of the economic fabric
of the countries covered. They also demonstrate the efforts undertaken by the Partner Institutes to follow the sampling
of executives from those smaller companies (Figure 1a Indeed, small enterprises, defined here as those with fewer
â€oerepeat†respondents†that is to say, they are executives who have taken previously part in the Survey (Figure 1d.
The Executive Opinion Survey the standardized score†or â€oez-score††method, which indicates by how many standard deviations any one
The Executive Opinion Survey 94 The Global Competitiveness Report 2014†2015 time. As part of this analysis, we run an inter-quartile
The Executive Opinion Survey measure, we will continue to investigate the situation over the coming months in an effort to improve the
14,000 executives into critical drivers of their respective countries†development. This scale could not be
The Executive Opinion Survey 96 The Global Competitiveness Report 2014†2015 NOTES 1 The World Economic Forum†s Global Competitiveness and
Market research for carrying out the Executive Opinion Survey 2014 in the United states, following the detailed sampling
executives as the most problematic for doing business in their economy. The information is drawn from the
2014 edition of the World Economic Forum†s Executive Opinion Survey (the Survey), with the exception of
Economic Forum†s Executive Opinion Survey (the Survey have represented country scores by blue-colored bar
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Average score across the five components of the following Executive Opinion Survey question: In your country, how common is it for firms to make undocumented extra
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indicators derived from the Executive Opinion Survey the Survey), the full question and associated answers
World Economic Forum, Executive Opinion Survey Technical Notes and Sources 1. 02 Intellectual property protection
World Economic Forum, Executive Opinion Survey 1. 03 Diversion of public funds In your country, how common is diversion of public funds
World Economic Forum, Executive Opinion Survey 1. 04 Public trust in politicians In your country, how would you rate the ethical standards of
World Economic Forum, Executive Opinion Survey 1. 05 Irregular payments and bribes Average score across the five components of the following
World Economic Forum, Executive Opinion Survey 1. 06 Judicial independence In your country, to what extent is the judiciary independent
World Economic Forum, Executive Opinion Survey 1. 07 Favoritism in decisions of government officials In your country, to what extent do government officials show
World Economic Forum, Executive Opinion Survey 1. 08 Wastefulness of government spending In your country, how efficiently does the government spend
World Economic Forum, Executive Opinion Survey  2014 World Economic Forum Technical Notes and Sources
World Economic Forum, Executive Opinion Survey 1. 10 Efficiency of legal framework in settling disputes
World Economic Forum, Executive Opinion Survey 1. 11 Efficiency of legal framework in challenging regulations
World Economic Forum, Executive Opinion Survey 1. 12 Transparency of government policymaking In your country, how easy is it for businesses to obtain
World Economic Forum, Executive Opinion Survey 1. 13 Business costs of terrorism In your country, to what extent does the threat of terrorism
World Economic Forum, Executive Opinion Survey 1. 14 Business costs of crime and violence In your country, to what extent does the incidence of crime
World Economic Forum, Executive Opinion Survey 1. 15 Organized crime In your country, to what extent does organized crime
World Economic Forum, Executive Opinion Survey 1. 16 Reliability of police services In your country, to what extent can police services be relied
World Economic Forum, Executive Opinion Survey 1. 17 Ethical behavior of firms In your country, how would you rate the corporate ethics of
World Economic Forum, Executive Opinion Survey 1. 18 Strength of auditing and reporting standards In your country, how strong are financial auditing and
World Economic Forum, Executive Opinion Survey 1. 19 Efficacy of corporate boards In your country, how would you characterize corporate
World Economic Forum, Executive Opinion Survey 1. 20 Protection of minority shareholders†interests In your country, to what extent are the interests of minority
World Economic Forum, Executive Opinion Survey 1. 21 Strength of investor protection Strength of Investor Protection Index on a 0†10 (best) scale
World Economic Forum, Executive Opinion Survey 2. 02 Quality of roads In your country, how would you assess the quality of roads
World Economic Forum, Executive Opinion Survey 2. 03 Quality of railroad infrastructure In your country, how would you assess the quality of the
World Economic Forum, Executive Opinion Survey 2. 04 Quality of port infrastructure In your country, how would you assess the quality of seaports
World Economic Forum, Executive Opinion Survey  2014 World Economic Forum Technical Notes and Sources
World Economic Forum, Executive Opinion Survey 2. 06 Available airline seat kilometers Airline seat kilometers (in millions) available on all flights
World Economic Forum, Executive Opinion Survey 2. 08 Mobile telephone subscriptions Number of mobile telephone subscriptions per 100 population
World Economic Forum, Executive Opinion Survey 4. 03 Tuberculosis incidence Estimated number of tuberculosis cases per 100,000
World Economic Forum, Executive Opinion Survey 4. 05 HIV prevalence HIV prevalence as a percentage of adults aged 15†49 years
World Economic Forum, Executive Opinion Survey 4. 07 Infant mortality Infant (children aged 0†12 months) mortality per 1, 000 live
World Economic Forum, Executive Opinion Survey 4. 10 Primary education enrollment rate Net primary education enrollment rate 2012
World Economic Forum, Executive Opinion Survey 5. 04 Quality of math and science education In your country, how would you assess the quality of math
World Economic Forum, Executive Opinion Survey 5. 05 Quality of management schools In your country, how would you assess the quality of business
World Economic Forum, Executive Opinion Survey 5. 06 Internet access in schools In your country, how widespread is Internet access in schools
World Economic Forum, Executive Opinion Survey 5. 07 Local availability of specialized research and training
World Economic Forum, Executive Opinion Survey 5. 08 Extent of staff training In your country, to what extent do companies invest in training
World Economic Forum, Executive Opinion Survey Pillar 6: Goods market efficiency 6. 01 Intensity of local competition
World Economic Forum, Executive Opinion Survey 6. 02 Extent of market dominance In your country, how would you characterize corporate activity
World Economic Forum, Executive Opinion Survey 6. 03 Effectiveness of antimonopoly policy In your country, to what extent does antimonopoly policy
World Economic Forum, Executive Opinion Survey 6. 04 Effect of taxation on incentives to invest
World Economic Forum, Executive Opinion Survey 6. 05 Total tax rate This indicator is a combination of profit tax(%of profits
World Economic Forum, Executive Opinion Survey 6. 09 Prevalence of trade barriers In your country, to what extent do non-tariff barriers
World Economic Forum, Executive Opinion Survey 6. 10 Trade tariffs Trade-weighted average tariff rate 2013
World Economic Forum, Executive Opinion Survey 6. 12 Business impact of rules on FDI In your country, to what extent do rules and regulations
World Economic Forum, Executive Opinion Survey 6. 13 Burden of customs procedures In your country, how efficient are the customs procedures
World Economic Forum, Executive Opinion Survey 6. 14 Imports as a percentage of GDP Imports of goods and services as a percentage of gross
World Economic Forum, Executive Opinion Survey 6. 16 Buyer sophistication In your country, how do buyers make purchasing decisions
World Economic Forum, Executive Opinion Survey Pillar 7: Labor market efficiency 7. 01 Cooperation in labor-employer relations
World Economic Forum, Executive Opinion Survey 7. 02 Flexibility of wage determination In your country, how are wages generally set
World Economic Forum, Executive Opinion Survey 7. 03 Hiring and firing practices In your country, how would you characterize the hiring
World Economic Forum, Executive Opinion Survey 7. 04 Redundancy costs Redundancy costs in weeks of salary 2013
World Economic Forum, Executive Opinion Survey 7. 06 Pay and productivity In your country, to what extent is pay related to worker
World Economic Forum, Executive Opinion Survey 7. 07 Reliance on professional management In your country, who holds senior management positions
World Economic Forum, Executive Opinion Survey 7. 08 Country capacity to retain talent Does your country retain talented people?
World Economic Forum, Executive Opinion Survey For more details, refer to Chapter 1. 3 of this Report
World Economic Forum, Executive Opinion Survey 7. 10 Female participation in the labor force Ratio of women to men in the labor force 2012
World Economic Forum, Executive Opinion Survey 8. 02 Affordability of financial services In your country, to what extent are financial services affordable
World Economic Forum, Executive Opinion Survey 8. 03 Financing through local equity market In your country, how easy is it for companies to raise money
World Economic Forum, Executive Opinion Survey 8. 04 Ease of access to loans In your country, how easy is it to obtain a bank loan with only
World Economic Forum, Executive Opinion Survey 8. 05 Venture capital availability In your country, how easy is it for entrepreneurs with innovative
World Economic Forum, Executive Opinion Survey 8. 06 Soundness of banks In your country, how would you assess the soundness of
World Economic Forum, Executive Opinion Survey 8. 07 Regulation of securities exchanges In your country, how effective are the regulation and
World Economic Forum, Executive Opinion Survey 8. 08 Legal rights index Degree of legal protection of borrowers†and lenders†rights on
World Economic Forum, Executive Opinion Survey 9. 02 Firm-level technology absorption In your country, to what extent do businesses adopt new
World Economic Forum, Executive Opinion Survey 9. 03 FDI and technology transfer To what extent does foreign direct investment (FDI) bring new
World Economic Forum, Executive Opinion Survey 9. 04 Internet users Percentage of individuals using the Internet 2013
World Economic Forum, Executive Opinion Survey 11.02 Local supplier quality In your country, how would you assess the quality of local
World Economic Forum, Executive Opinion Survey 11.03 State of cluster development In your country, how widespread are developed well and
World Economic Forum, Executive Opinion Survey 11.04 Nature of competitive advantage What is the competitive advantage of your country†s
World Economic Forum, Executive Opinion Survey 11.05 Value chain breadth In your country, do companies have a narrow or broad
World Economic Forum, Executive Opinion Survey 11.06 Control of international distribution To what extent are international distribution and marketing from
World Economic Forum, Executive Opinion Survey 11.07 Production process sophistication In your country, how sophisticated are production processes
World Economic Forum, Executive Opinion Survey 11.08 Extent of marketing In your country, to what extent do companies use sophisticated
World Economic Forum, Executive Opinion Survey 11.09 Willingness to delegate authority In your country, how do you assess the willingness to delegate
World Economic Forum, Executive Opinion Survey Pillar 12: Innovation 12.01 Capacity for innovation In your country, to what extent do companies have the
World Economic Forum, Executive Opinion Survey  2014 World Economic Forum Technical Notes and Sources
World Economic Forum, Executive Opinion Survey 12.03 Company spending on R&d In your country, to what extent do companies spend on
World Economic Forum, Executive Opinion Survey 12.04 University-industry collaboration in R&d In your country, to what extent do business and universities
World Economic Forum, Executive Opinion Survey 12.05 Government procurement of advanced technology products In your country, to what extent do government purchasing
World Economic Forum, Executive Opinion Survey 12.06 Availability of scientists and engineers In your country, to what extent are scientists and engineers
World Economic Forum, Executive Opinion Survey 12.07 PCT patent applications Number of applications filed under the Patent Cooperation
built relationships with C-suite executives of partner companies; and oversaw the operation-management responsibilities of a team of coordinators.
for Policymakers and Executives Bahjat El-Darwiche, Volkmar Koch, David Meer, Ramez T. Shehadi and Walid Tohme (Booz & Company
and Executives In Chapter 1. 3, Bahjat El-Darwiche, Volkmar Koch David Meer, Ramez T. Shehadi,
culture so that executives base their judgments on data rather than hunches. Research already indicates that
two-thirds of executives feel that big data will help find new market opportunities and make better decisions. 6
These data come from the Executive Opinion Survey (the Survey), which the Forum administers annually to over
Forum†s Executive Opinion Survey (the Survey) are identified here by an asterisk(*.*All the other indicators
Executives BAHJAT EL-DARWICHE VOLKMAR KOCH DAVID MEER RAMEZ T. SHEHADI WALID TOHME Booz & Company
-making culture so that senior executives make more judgments based on clear data insights rather than on intuition.
found that the proportion of executives who reported that their companies were unable to use unstructured
Executives must harness this recent data explosion by focusing on carefully formulating the business questions that enable
authors interviewed executives in 330 publicly traded companies in the United states. They then examined relevant performance data, enabling them to measure
enables executives to view their own business more clearly through, for example, user friendly management information dashboards.
executives There is no general rule dictating how organizations should navigate the stages of big data maturity.
executives still grappling with existing data, making intelligent use of what they already possess may have a
The main priorities for executives are to •develop a clear (big data strategy •prove the value of data in pilot schemes
Senior executives will have an easier time winning buy in from business functions if they demonstrate how
executives to attend weekly review meetings in person •A California-based multinational energy corporation is
Forum†s Executive Opinion Survey are identified by an asterisk(*)(*)These indicators are measured always on a
-mation on the Executive Opinion Survey and a detailed explanation of how scores are computed, please refer to
Economic Forum†s Executive Opinion Survey, the scale is reported next to the title. The Technical Notes and
Economic Forum†s Executive Opinion Survey (the Survey have represented scores by blue-colored bar graphs Survey questions asked for responses on a scale of 1
Indicators not derived from the Executive Opinion Survey are presented in black bar graphs. For each indicator
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World Economic Forum†s Executive Opinion Survey are identified by an asterisk *The data used in this Report represent the most
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 1. 02 Laws relating to ICTS
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 1. 03 Judicial independence *In your country, to what extent is the judiciary independent
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions Technical Notes and Sources 1. 04 Efficiency of legal framework in settling disputes
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 1. 05 Efficiency of legal framework in challenging regulations
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 1. 06 Intellectual property protection
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 1. 07 Software piracy rate
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 2. 02 Venture capital availability *In your country, how easy is it for entrepreneurs with innovative
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 2. 03 Total tax rate Sum of profit tax, labor tax and social contributions, property
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 2. 07 Tertiary education enrollment rate
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 2. 09 Government procurement of advanced technology
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 3rd pillar: Infrastructure and digital content
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 4th pillar: Affordability 4. 01 Prepaid mobile cellular tariffs
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 5. 02 Quality of math and science education
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions  2014 World Economic Forum
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 7th pillar: Business usage 7. 01 Firm-level technology absorption
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 7. 02 Capacity for innovation
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions  2014 World Economic Forum
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 7. 05 Business-to-consumer Internet use
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 7. 06 Extent of staff training
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 8th pillar: Government usage 8. 01 Importance of ICTS to government vision of the future
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 8. 02 Government Online service Index
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 9th pillar: Economic impacts 9. 01 Impact of ICTS on new services and products
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 9. 02 PCT ICT patent applications
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 9. 04 Share of workforce employed in knowledge-intensive
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 10.02 Internet access in schools *In your country, how widespread is Internet access in
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 10.03 ICT use and government efficiency
World Economic Forum, Executive Opinion Survey 2012 and 2013 editions 10.04 E-Participation Index The E-Participation Index assesses, on a 0-to-1 (best) scale
as a trustee of the HCLT Foundation and is the Executive Sponsor for the company†s sustainability programs.
completed Executive Business Management Programs at Harvard Business school and London Business school  2014 World Economic Forum
Manaesha Fowdar, Investment Executive, Competitiveness Khoudijah Maudarbocus-Boodoo, Director Ken Poonoosamy, Managing director Joint Economic Council
Teo Xinyu, Executive, Research & Statistics Unit Slovak Republic Business Alliance of Slovakia (PAS Robert Kicina, Executive director
Council for Economic Planning and Development, Executive Yuan Chien-Liang Chen, Deputy Minister J. B. Hung, Director, Economic Research Department
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