COMPETITIVENESS OF NATIONS 1, THE

In the existing reports on national competitiveness and rankings such as IMD World Competitiveness Yearbook and WEF Global Competitiveness Report, there are sizable discrepancies in the ranking order for the same countries. As a result, the reader is often confused because such an outcome creates difficulties for government officials when translating these findings into real-world policies. These discrepancies are actually due to the differences in logic and analytical models used by IMD and WEF. Therefore, in recognizing the problems and limitations of these models, this book presents the IPS model as a new approach. As an extension of Michael Porter's diamond model, it demonstrates a robust set of methodologies as well as offers a number of key policy implications for countries around the world that wish to enhance their national competitiveness.

The analytical tools used in this book can be further utilized for other units of analysis such as industries and firms. As this book provides a series of sophisticated methodologies and specific guidelines for enhancing national competitiveness, both academics and practitioners can derive useful implications from this research. Alongside the theoretical frameworks and methodologies for national competitiveness presented in this book, timely topics are included such as the COVID-19 global pandemic and the US–China trade war. This book also includes various country-specific real-world cases that are assessed from the perspective of both developed and developing countries.

Contents:

• IPS National Competitiveness Research 2021:
  • Extant Literature on National Competitiveness and Major Issues
  • Highlights of IPS National Competitiveness Research 2021
  • Conceptual Framework and Analytical Methodologies
  • Application of MASI: The Case of Republic of Korea
  • Snapshot of Top 30 Economies
• Special Topics: Introduction:
  • Current Issues in China and Their Implications for China's Competitiveness (Hwy-chang Moon, Minji Hong, Eunwon Shim, and Jungbin Yun)
  • Building Resilient Global Value Chains in the Pandemic Era: A Conceptual Framework and Case Studies of Singapore and Vietnam (Wenyan Yin, Jeongmin Seo, and Aejung Kwon)
• Country Cases: Introduction:
  • Digitalization: The Norm of the 'New Normal' (Pınar Büyükbalcı)
  • Digital Innovations and AI in Mental Health as Facilitators of Sustainable Competitive Economy in Post-COVID-19 Recovery (Damir Kušen)
  • National Competitiveness and Response to COVID-19: The Political Factor in Mexico and Brazil (Francisco J Valderrey, Evodio Kaltenecker, and Miguel A Montoya)
  • National Competitiveness and the Role of the Government: The Case of Korea (Tae-Shin Kwon)
  • Trends in Competitiveness of India: Exploring the Role of Start-Ups and Entrepreneurial Ecosystem (Kirankumar S Momaya)
  • Open Innovation and Improvement of China's Competitiveness (Feihu Zheng)
  • Reinvigorating Policy and Modifying Practices: Lessons Learned from Indonesia's South–South Cooperation during COVID-19 (Vimala Asty F T Jaya and Miranda Tahalele)
  • From Fundamental Research to Industrial Application: The Global Competitiveness of Swiss Universities (Christoph A von Arb)

Readership: Advanced undergraduate and graduate students, researchers and practitioners in the fields of competitiveness and international business.

Key Features:

• Method: The evaluation model is based on a solid theoretical framework, hence the factors and criteria for evaluation are more comprehensive and systematic. The framework is very easy to apply, thereby attractive for not only researchers but also practitioners
• Data collection: For evaluating the national competitiveness, in addition to collect the statistical and survey data, this book also collects text data by using the method of text-information analysis. Thereby, the book reflects the most recent competitiveness development of nations, which can be an appropriate reference for practitioners of analyzing the recent trend
• MASI framework: This book not only measures the competitiveness but also provides strategic guidelines for enhancing competitiveness. Therefore, it will be a very useful handbook for policy makers of governments
• Diverse real-world cases: In addition to the conceptual frameworks, the real-world cases from developed and developing countries will be attractive to diverse readers around the world