12.07.2015 Views

Abstract - Quest for Global Competitiveness - Universidad de Puerto ...

Abstract - Quest for Global Competitiveness - Universidad de Puerto ...

Abstract - Quest for Global Competitiveness - Universidad de Puerto ...

SHOW MORE
SHOW LESS
  • No tags were found...

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

counterparts. The quality of management schools as measured by survey responses to anumber of questions that are related to faculty qualifications, programmes offered andresearch output, shows that Jamaica’s position has <strong>de</strong>teriorated over the years. Singaporeon the other hand, has shown improvement in these areas.Firm Strategy Structure and RivalryThis aspect of the diamond looks at what is happening at the enterprise level to shapeinnovation and competitiveness. It also reflects government’s policy towardscompetition. To capture this aspect of Jamaica’s diamond, two variables were used.These are: the time required <strong>for</strong> starting a business and the number of procedures requiredto start a business. These proxies again reflect the transmission mechanism throughwhich this concept manifests itself. They reflect the speed with which competition canenter an industry sector. Jamaica’s position in relation to the most competitive country,Singapore and other similar regional economies is presented in the charts below.Starting a business- # of days1008060402002004 2005 2006 2007Costa RicaSingaporeJamaicaSource: Doing Business Report, World Bank19

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!