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Measuring tech vitality

Meta Group’s new “Global New E-Economy Index,” offers a fascinating insight into the so-called Digital Divide separating rich and less developed countries.

Meta Group’s new “Global New E-Economy Index,” offers a fascinating insight into the so-called Digital Divide separating rich and less developed countries.

The cyber atlas aims to map the “technological vitality” of 47 nations based on five indicators: knowledge jobs, technological innovation, degree of transformation to a digital economy, economic dynamism and globalisation.

Not surprisingly, the USA was at the top overall, followed by Japan, Germany, France, and Finland. The US ranked first in two of the five categories: globalisation and transformation to a digital economy.

There was one fairly large surprise, however: The Philippines ranked number one in the category of knowledge job creation. The category was measured on the basis of numbers of qualified engineers, availability of IT skills, availability of senior management and higher education enrolment. A poor showing in other categories, however, pulled down its overall ranking.

The lesson: without structural reforms by government, human capital loses its value.

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