چکیده:
During the past decade, the World Economic Forum has published its annual reports in which the Global Competitiveness Index is included. This paper aims to investigate the key factors for achieving an innovation-driven economy. In this paper, we used partial canonical correlation analysis (PCCA) to examine the relationships between key pillars in “efficiency enhancers” and “business sophistication” factors. The results of Pearson correlation showed that “technological readiness” and “innovation” are highly correlated. Then, the PCCA method was used to understand the relationships between their sub-pillars. Our findings showed that “availability of latest technologies” and “firm-level technology absorption” in the technological readiness pillar, and “quality of scientific research institutions”, “university-industry collaboration in R&D” and “companies’ spending on R&D” in the innovation pillar present the highest correlations. Furthermore, according to the canonical second root analysis, we analyse some other interrelations. Thus, policymakers can employ the results to prioritize their macro policies.
خلاصه ماشینی:
Analysing the Bilateral Relationship between Technological Readiness and Innovation of Countries by Considering the Mediating Effect of GDP Mohammad Reza Mehregan, Seyed Hamid Hashemi, Mahdi Nik Neshan Faculty of Management, University of Tehran, Tehran, Iran (Received: 3 November, 2013; Revised: 26 April, 2014; Accepted: 8 May, 2014) Abstract During the past decade, the World Economic Forum has published its annual reports in which the Global Competitiveness Index is included.
In this paper, we used partial canonical correlation analysis (PCCA) to examine the relationships between key pillars in "efficiency enhancers" and "business sophistication" factors.
Our findings showed that "availability of latest technologies" and "firm-level technology absorption" in the technological readiness pillar, and "quality of scientific research institutions", "university-industry collaboration in R&D" and "companies’ spending on R&D" in the innovation pillar present the highest correlations.
The capability of countries to survive and to have a competitive advantage in global markets depends on, among other things, the efficiency of their public institutions, the excellence of the educational, health and communications infrastructures, as well as on the nation’s political and economic stability.
Therefore, in this paper we develop a framework to examine the relationship between technological readiness and the innovation state of countries, which are important pillars in measuring competitiveness at national and international level.
It has the following composition: capacity for innovation; quality of scientific research institutions; company spending on R&D; university-industry collaboration in R&D; government procurement of advanced technology products; availability of scientists and engineers; PCT patents and applications.