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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Format: | Article |
Language: | English |
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UIN Sunan Kalijaga, Faculty of Science and Technology, Industrial Engineering Department
2020-12-01
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Series: | Journal of Industrial Engineering and Halal Industries |
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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”. |
format | Article |
id | doaj-art-f66a0340671542468872ebcaba8c6639 |
institution | Kabale University |
issn | 2722-8150 2722-8142 |
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 |