CORRELATION BETWEEN TECHNOLOGICAL READINESS AND BUSINESS SOPHISTICATION IN GLOBAL COMPETITIVENESS

In today’s global economy, the competitiveness of a country has important role to bring the country into prosperity and a respectable position among others. That is why during the past decade, scholars, policy makers and even business leaders throughout the world put a very serious attentions to the...

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Main Author: Gama Harta Nugraha Nur Rahayu
Format: Article
Language:English
Published: UIN Sunan Kalijaga, Faculty of Science and Technology, Industrial Engineering Department 2020-12-01
Series:Journal of Industrial Engineering and Halal Industries
Subjects:
Online Access:https://ejournal.uin-suka.ac.id/saintek/JIEHIS/article/view/2241
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author Gama Harta Nugraha Nur Rahayu
author_facet Gama Harta Nugraha Nur Rahayu
author_sort Gama Harta Nugraha Nur Rahayu
collection DOAJ
description In today’s global economy, the competitiveness of a country has important role to bring the country into prosperity and a respectable position among others. That is why during the past decade, scholars, policy makers and even business leaders throughout the world put a very serious attentions to the issue. Since 1979, the World Economic Forum has published the Global Competitiveness Report which encompasses Global Competitiveness Index (GCI) in order to measure national competitiveness in different countries throughout the world. Using the two sets of variables of “Technological Readiness” and “Business Sophistication” as the two basic pillars of national competitiveness, this study is aimed at investigating the interaction between the two pillars in order to help countries which are in transition from stage II to stage III of development by providing meaningful information for their national competitiveness improvement. This study used descriptive-correlation methodology. According to the GCI 2010 report which covered a statistical population of 139 countries, the secondary analysis using Canonical Correlation Analysis was done. The result shows that there is a significant and positive relationship between the set of variables of “Technological Readiness” and “Business Sophistication”.
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institution Kabale University
issn 2722-8150
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language English
publishDate 2020-12-01
publisher UIN Sunan Kalijaga, Faculty of Science and Technology, Industrial Engineering Department
record_format Article
series Journal of Industrial Engineering and Halal Industries
spelling doaj-art-f66a0340671542468872ebcaba8c66392025-01-06T05:54:18ZengUIN Sunan Kalijaga, Faculty of Science and Technology, Industrial Engineering DepartmentJournal of Industrial Engineering and Halal Industries2722-81502722-81422020-12-011211012010.14421/jiehis.22411027CORRELATION BETWEEN TECHNOLOGICAL READINESS AND BUSINESS SOPHISTICATION IN GLOBAL COMPETITIVENESSGama Harta Nugraha Nur Rahayu0Pancasila UniversityIn today’s global economy, the competitiveness of a country has important role to bring the country into prosperity and a respectable position among others. That is why during the past decade, scholars, policy makers and even business leaders throughout the world put a very serious attentions to the issue. Since 1979, the World Economic Forum has published the Global Competitiveness Report which encompasses Global Competitiveness Index (GCI) in order to measure national competitiveness in different countries throughout the world. Using the two sets of variables of “Technological Readiness” and “Business Sophistication” as the two basic pillars of national competitiveness, this study is aimed at investigating the interaction between the two pillars in order to help countries which are in transition from stage II to stage III of development by providing meaningful information for their national competitiveness improvement. This study used descriptive-correlation methodology. According to the GCI 2010 report which covered a statistical population of 139 countries, the secondary analysis using Canonical Correlation Analysis was done. The result shows that there is a significant and positive relationship between the set of variables of “Technological Readiness” and “Business Sophistication”.https://ejournal.uin-suka.ac.id/saintek/JIEHIS/article/view/2241business sophisticationcaconical correlation analysisglobab competitivenesstechnological readiness
spellingShingle Gama Harta Nugraha Nur Rahayu
CORRELATION BETWEEN TECHNOLOGICAL READINESS AND BUSINESS SOPHISTICATION IN GLOBAL COMPETITIVENESS
Journal of Industrial Engineering and Halal Industries
business sophistication
caconical correlation analysis
globab competitiveness
technological readiness
title CORRELATION BETWEEN TECHNOLOGICAL READINESS AND BUSINESS SOPHISTICATION IN GLOBAL COMPETITIVENESS
title_full CORRELATION BETWEEN TECHNOLOGICAL READINESS AND BUSINESS SOPHISTICATION IN GLOBAL COMPETITIVENESS
title_fullStr CORRELATION BETWEEN TECHNOLOGICAL READINESS AND BUSINESS SOPHISTICATION IN GLOBAL COMPETITIVENESS
title_full_unstemmed CORRELATION BETWEEN TECHNOLOGICAL READINESS AND BUSINESS SOPHISTICATION IN GLOBAL COMPETITIVENESS
title_short CORRELATION BETWEEN TECHNOLOGICAL READINESS AND BUSINESS SOPHISTICATION IN GLOBAL COMPETITIVENESS
title_sort correlation between technological readiness and business sophistication in global competitiveness
topic business sophistication
caconical correlation analysis
globab competitiveness
technological readiness
url https://ejournal.uin-suka.ac.id/saintek/JIEHIS/article/view/2241
work_keys_str_mv AT gamahartanugrahanurrahayu correlationbetweentechnologicalreadinessandbusinesssophisticationinglobalcompetitiveness