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Countries' Competitiveness on Innovation and Technology

Author

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  • America I. Zamora-Torres

Abstract

Innovation and technology are main sources of competitiveness. This study addresses two research questions. First, which economies are competitive in terms of innovation and technology? Second, what are the variables that determine competitiveness in innovation and technology? Analysis of Factorial of Correspondences (AFC), through the analysis of principal components methodology, is employed in this article. The analysis is divided into five phases as follows: a) reliability testing, b) the calculation of a matrix that expresses the joint variability of the variables, c) extraction of the optimal number of factors, d) the rotation of solutions for the ease of interpretation, e) estimation of the scores graphically, and f) determination of the competitiveness index.

Suggested Citation

  • America I. Zamora-Torres, 2014. "Countries' Competitiveness on Innovation and Technology," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 8(5), pages 73-83.
  • Handle: RePEc:ibf:gjbres:v:8:y:2014:i:5:p:73-83
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    Citations

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    Cited by:

    1. Weresa Marzenna Anna, 2019. "Technological competitiveness of the EU member states in the era of the fourth industrial revolution," Economics and Business Review, Sciendo, vol. 5(3), pages 50-71, September.

    More about this item

    Keywords

    Innovation; Technology; Competitiveness; AFC; Multivariate Analysis;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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