Measuring global competition

Abstract

The goal of this paper is to describe selected leading indicators of global competitiveness. This will be accomplished by reviewing several selected sources that focus on various metrics. The reported data was determined to be the most recent at the time of a presentation of this material to NFAIS in February 2012. The goal of this paper is to be objective and informational. Each of the selected indicators will be described in a high-level with a brief review of significant results. This paper will illustrate that there is no one “global leader” across the various categories that are reviewed. The data will show that well established economies, such as the US and EU countries continued to maintain significant levels of funding and achievement, yet these data will also demonstrate how leading positions are being eroded by rapid advances among emerging economies led by China. The Regionally Developing Economies (RDEs) are visibly increasing their positions in various rankings. The data also shows that some of the smaller, yet more established economies, such as Switzerland achieved top positions when a variety of input and output pillars and sub-pillars are utilized within the assessment methodology. Switzerland has long been considered to be a wealthy economy. Finally, the presentation will review, at a high-level the status of STM publishing within an increasingly global market. The paper will summarize recent activities and point to selected RDE markets where local STM market forces are emerging, either in the form of incumbent global publishers who are establishing presence via local partnerships or country-specific publishing operations. In addition, the emerging markets feature notable in-country participants.