environment

Synopsis: Entrepreneurship: Environment:

WEF_GlobalInformationTechnology_Report_2014.pdf.txt

environments. Ciscoâ€ s contribution to this edition of The Global Information technology Report focuses on the

outstanding business and innovation environments that are ranked consistently among the most conducive to entrepreneurship in the world.

in 3rd in the environment subindex, with a very robust innovation system. Singapore continues to follow

the best pro-business and pro-innovation environment worldwide, the city-state continues to obtain the top rank

innovation environment (15th), despite its high tax rate 123rd). ) These strengths result in outstanding uptake and use of ICTS by individuals (1st), businesses (3rd), and

good business and innovation environment (7th) and improvements in its ICT infrastructure (4th), notably in

-business and pro-innovation environment (7th), these result in a strong innovation capacity (5th) and significant

-business environment, has resulted in solid economic 14th) and social (9th) impacts Regional results Europe has been at the forefront of developing a digital

Judging maturity requires looking at environment readiness, determining how far governments have provided the necessary legal and regulatory frameworks

environment readiness. They should present citizens with a compelling case for the benefits of big data

Policymakers should establish an environment that facilitates the business viability of the big data sector such as data, service,

Environment DRIVERS Business Government IMPACTS Economic Social Readiness Usage Figure 1: The Networked Readiness Index framework

2. An enabling environment determines the capacity of an economy and society to benefit from the use of ICTS.

better-prepared actors and an enabling environment are more likely to benefit from higher rates of ICT

an innovation-prone environment, capable of developing and absorbing new knowledge; and an ICT-friendly government policy

environment for ICTS; the readiness of a society to use ICTS; the actual usage of all main stakeholders;

A. Environment subindex 1. Political and regulatory environment 2. Business and innovation environment B. Readiness subindex

3. Infrastructure and digital content 4. Affordability 5. Skills C. Usage subindex 6. Individual usage

7. Business usage 8. Government usage D. Impact subindex 9. Economic impacts 10. Social impacts

Environment subindex The environment subindex gauges the friendliness of a countryâ€ s market and regulatory framework in

supporting high levels of ICT uptake and the emergence of entrepreneurship and innovation-prone conditions.

supportive environment is necessary to maximize the potential impacts of ICTS in boosting competitiveness and well-being.

The political and regulatory environment pillar composed of nine variables) assesses the extent to which the national legal framework facilitates ICT

regulatory environment (including the protection afforded to property rights, the independence of the judiciary, and the efficiency of the lawmaking process) as well as more

The business and innovation environment pillar nine variables) gauges the capacity of the business frameworkâ€ s conditions to boost entrepreneurship

technology-savvy, innovation-conducive environment that generates productivity gains. Consequently, this pillar measures the firmâ€ s technology absorption capacity as

result from their impacts on the environment, education energy consumption, health progress, or more-active civil participation.

Business and innovation environment Political and regulatory environment Networked Readiness Index Affordabilityreadiness Infrastructure and digital content

Skills Usage Business usage Individual usage Government usage Environment Component subindexes Pillars Social impacts Economic impacts

Impacts Figure 2: The Networked Readiness Index structure Â 2014 World Economic Forum 1. 1:

the case for the environment and for healthâ€ cannot yet be covered. Therefore this subindex should be regarded

environment, such as the effectiveness of lawmaking bodies and the intensity of local competition; into ICT

outstanding business and innovation environments that are ranked consistently among the most conducive to entrepreneurship in the world.

Environment subindex and pillars ENVIRONMENT SUBINDEX Rank Country/Economy Score Rank Score Rank Score 1 Singapore 5. 87 1 5. 90 1 5. 84

2 New zealand 5. 63 2 5. 88 8 5. 37 3 Finland 5. 62 3 5. 86 9 5. 37

ENVIRONMENT SUBINDEX Rank Country/Economy Score Rank Score Rank Score 75 Mexico 3. 88 70 3. 68 85 4. 07

environment environment Political and Business and regulatory innovation environment environment Â 2014 World Economic Forum

1. 1: The Networked Readiness Index 2014 12 The Global Information technology Report 2014 Table 3:

comes in 3rd in the environment subindex, with a very robust innovation system. This positive digital

the best pro-business and pro-innovation environment worldwide, the city-state continues to obtain the top rank

and pro-business and innovation environment (15th despite its high tax rate (123rd. These strengths result in

with an environment highly conducive to innovation and entrepreneurship, result in very high levels of ICT-based

and innovation environment (6th) and a government that is aware of the importance of ICTS for the economic and

and regulatory environment (9th) and excellent conditions for innovation and entrepreneurship (12th), have resulted in outstanding uptake and use of ICTS by businesses

good business and innovation environment (7th) and improvements in its ICT infrastructure (4th), notably in

-business and pro-innovation environment (7th), these result in a strong innovation capacity (5th) and significant

with a stable environment conducive to innovation and entrepreneurship (4th), results in good economic 13th) and social (11th) impacts.

-business environment, has resulted in solid economic 14th) and social (9th) impacts The Republic of korea moves up one position

political and regulatory environment (4th), the country has persisted in improving economic impacts, thanks to more technological and non-technological related

improvements in its overall business environment (17th and the perceived quality of its educational system 14th), which seems to provide the right set of skills to

by a slight deterioration of its business environment 16th), Denmark, now at 13th place, continues to benefit

ICT infrastructure (25th) and a good environment for business and innovation (28th), private companies have

favorable business environment (23rd), this results in a good technological performance both in the ICT sector

improvements in the entrepreneurial environment by easing the procedures to open new businesses (103rd and in the quality of education in important areas for

regulatory environment 6. Individual usage 5. Skills7. Business usage 4. Affordability8. Government usage 3. Infrastructure

environment 10. Social impacts 1 2 3 4 5 6 7 Figure A: The NRI 2014:

environment (16th), Ireland moves up one position to 26th place. Since the early days of the Internet revolution

environment for business. As a result, the island boasts good levels of digital connectivity that, coupled with a

deterioration in the political and regulatory environment 51st) that does not allow for better ICT-related economic

weaknesses in Italyâ€ s political and regulatory environment 99th), coupled with some significant challenges in its

environment (114th) coupled with a low capacity to innovate (117th) and scarce access to venture capital

regulatory environment 6. Individual usage 5. Skills7. Business usage 4. Affordability8. Government usage 3. Infrastructure

environment 10. Social impacts 1 2 3 4 5 6 7 Figure A: The NRI in BRICS economies, 2012 and 2014

Environment subindex 101 3. 5 116 3. 4 100 3. 5 87 3. 8 78 3. 7 91 3. 8

regulatory environment 77 3. 6 78 3. 6 102 3. 2 100 3. 4 71 3. 7 73 3. 6 46 4

innovation environment 121 3. 5 135 3. 3 83 3. 8 73 4. 2 91 3. 8 103 3. 9 105 3

fairly inefficient political and regulatory environment 100th) and weaknesses in its innovation system including a poor quality educational system (85th) that

political and regulatory environment (34th. This remains Taiwanâ€ s main area for improvement, especially with its

renewed business confidence in the political environment may have contributed to this progress. In addition Japan has achieved marginal improvements in its ICT

achieved by incentivizing a more dynamic environment that could, for example, foster innovation through new organizational models (37th.

and innovation environment (40th), could contribute to delivering better results and boost competitiveness Australia occupies the 18th rank

environment remains its strongest competitive advantage 2nd overall in the environment subindex, just behind Singapore).

) New zealand ranks 1st for the independence of its judicial system and 1st in both the number of days

regulatory (25th) and business (24th) environments and its government continues to use ICTS extensively 9th), highlighting the high priority of this sector in the

combination of a favorable environment and an overall high level of ICT usage results in high positive economic

and the business environment (115th) witnesses a relative Â 2014 World Economic Forum 1. 1:

open and creative environment that could foster new ideas and business models Since the last assessment, Indonesia climbs

place in the environment subindex. Both the political and regulatory environment (68th) and the business

environment (62nd) are improving. The former is driven by stronger perceptions about the effectiveness of the

countryâ€ s institutions, with enhanced intellectual property protection (55th), a more efficient legal system (49th and better-developed ICT regulations (46th.

and innovation environment (45th. However, in both these pillars Thailand alternates good results with areas

environment includes a high level of local competition 41st) as well as low government procurement of advanced technology (105th.

institutional environment does not seem to be particularly conducive (79th) and the government does not appear

The environment subindex, both in its political and regulatory component and in its business and innovation

environment (91st) and its lack of digital infrastructure 119th), which is reflected in low individual usage (121st

corporate tax continue to create a difficult environment for businesses to operate, with almost no improvements

regulatory environment up to 87th place. ICT readiness is the other area where the Philippines improves the

environment is the other main area where Vietnam progresses significantly, albeit from a low base (100th

environment (91st) and ICT infrastructure (121st) limit the expansion of the ICT sector, while available skills (88th

its political and regulatory environment (62nd. Panamaâ€ s overall capacity to innovate is also still low (50th.

weaknesses in the political and regulatory environment 63rd) â€ notably in the effectiveness of lawmaking

environment for business (38th), could result in higher economic impacts than those yet achieved. However

However, a poor business and innovation environment 135th), coupled with weaknesses in its educational system (121st) â€ notably in the area of math and science

regulatory environment (119th) and an excessive number of days to open new businesses (103rd), result in a

severe weaknesses in its business environment (135th and concerns about the quality of its educational

environment, have resulted in improvements in an affordable (11th) ICT infrastructure and higher levels of ICT users,

fairly robust political and regulatory environment In the bottom half of the rankings, Rwanda moves

the innovation and entrepreneurial environment (110th and a fairly low skills base (98th) also affect the capacity

pro-business environment, the country also obtains fairly good economic impacts (27th), even though its technological innovation capacity remains low (49th

a fairly business friendly environment (23rd) that should continue its efforts to cut red tape (107th), weaknesses in

Weaknesses in the political and regulatory environment 115th) and the business and innovation environment 117th) result in a low innovation capacity by Egyptian

companies (111th) and thus limited economic (59th) and social (65th) positive outcomes Falling 10 positions, Morocco, at 99th place, barely

In this environment of fast-paced change, a new form of asset that can be thought of as the gold or oil of previous economic

Index=1/4 Environment subindex +1/4 Readiness subindex +1/4 Usage subindex +1/4 Impact subindex

ENVIRONMENT SUBINDEX Environment subindex=1/2 Political and regulatory environment +1/2 Business and innovation

environment 1st pillar: Political and regulatory environment 1. 01 Effectiveness of lawmaking bodies *1. 02 Laws relating to ICTS

*1. 03 Judicial independence *1. 04 Efficiency of legal system in settling disputes*c 1. 05 Efficiency of legal system in challenging

regulations*c 1. 06 Intellectual property protection *1. 07 Software piracy rate,%software installed 1. 08 Number of procedures to enforce a contractd

1. 09 Number of days to enforce a contractd 2nd pillar: Business and innovation environment

2. 01 Availability of latest technologies *2. 02 Venture capital availability *2. 03 Total tax rate,%profits

how virtualized computing environments may support a reallocation of computing resources. And new sources of electrical power (advanced batteries, simple chemical

the requisite environment, they must ask policymakers to create the regulatory framework and information and communications technology (ICT) infrastructure to

1) environment readiness 2) internal capabilities; and (3) the various, steadily more sophisticated, ways to use big data that range from

governments to nurture an environment conducive to the exploitation of big data THE BUSINESS IMPACT OF BIG DATA

external environment The most prominent obstacle is the shortage of available talent specializing in data analyticsâ€ data

the enablers of environment readiness the organizationâ€ s internal capabilities, and the different stages of maturity and sophistication in which big data

The environment readiness dimension considers how far the relevant governments have enabled organizations in their jurisdiction to use big data freely

While environment readiness serves as an enabler for big data usage, internal capabilities act as critical success factors for organizations seeking to progress

Environment readiness: Priorities for policymakers Big data will soon become ubiquitous practice in both the public and private worlds.

environment that is supportive to organizations seeking to benefit from this inevitable progression. Failure to develop comprehensive environment readiness carries

the risk of losing competitive advantage vis-Ã-vis other countries Policymakers must therefore â€¢formulate a vision for the usage of data consistent

environment readiness Success factors for internal capabilities Maturity stages in the usage of big data Traditional applications

own situationâ€ the competitive environment they are operating in, their business model, and their existing internal capabilities.

Environment readiness plays a pivotal role in enabling such success, because its effect is far greater than the evolution of individual

environment for the usage of big data to attract business to their region. Meanwhile, organizations must act

environment more, and their patterns of movement and patterns of phone calls become increasingly diverse. Measurement of this additional exploration

Studying the Environment of Human Behavior. Palo alto, CA Stanford university Press Dawber, T. 1980. The Framingham Study:

environment of large datasets, fast-moving information and data that lack traditional structure, working in an

environment of big data is just business as usual. In this chapter we will discuss how managing the growing

environment) to the mix have pushed all the boundaries of how we think about data and its uses.

and his or her surrounding environment on a moment -by-moment basisâ€ such sensors include the applications

in a gradually more difficult environment. Added to this complexity is the increasing access to real-time data

in healthcare, disaster response, the environment, and transportation); ) new businesses will be able to create innovative services by selecting,

straightforward task in a virtual environment, and there is no single technical method to enable this easily. 16

to ensure a certain environment that is conducive to investment and market growth. In the next sections we

make the big data environment more certain IMPLICATIONS FOR REGULATORS AND POLICYMAKERS Regulators will need to address all the above issues

creates a stable environment in which companies and other organizations can operate. When it comes to data

data environment would be beneficial for all parties Whatever their approach to regulation, governments should promote industry self-regulation.

environment of trust where citizens feel their privacy will be protected properly. Companies also have a key

big data that we can create the right environment for data-driven innovation, and that the individuals

distributed computing environment. Hadoop is written in the Java programming language and is a top-level Apache project (Apache is decentralized a community

software environment for statistical computing and graphics. The R language is used widely among statisticians and data miners for developing statistical

developed a decision-support environment used by more than 60,000 employees worldwide to see what is

regulatory environment 6. Individual usage 5. Skills7. Business usage 4. Affordability8. Government usage 3. Infrastructure and

environment 10. Social impacts 1 2 3 4 5 6 7 The Networked Readiness Index in detail

Political and regulatory environment 1. 01 Effectiveness of lawmaking bodies*..*105.3.1 1. 02 Laws relating to ICTS*..

Business and innovation environment 2. 01 Availability of latest technologies*..*119.4.1 2. 02 Venture capital availability*..

A. Environment subindex...95.3.7 1st pillar: Political and regulatory environment...117.3.1 2nd pillar: Business and innovation environment...

65.4.3 B. Readiness subindex...86.4.6 3rd pillar: Infrastructure and digital content...90.3.5 4th pillar: Affordability...

87.5.1 5th pillar: Skills...62.5.2 C. Usage subindex...95.3.4 6th pillar: Individual usage...82.3.2 7th pillar: