The U.S. leads the world in providing fertile conditions for the ...
The U.S. leads the world in providing fertile conditions for the information technology industry, but other countries are quickly catching up, a study said. Close behind the U.S. are Taiwan, the U.K., Sweden and Denmark. The Business Software Alliance…
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sponsored the Economist Group’s creation of the competitiveness index. To judge the information- technology industry climates of 66 economies, it took into account the supply of high-tech workers, the culture of innovation, technology infrastructure, the legal environment, the openness of the economy and government leadership. Alliance President Robert Holleyman said technology industries are among the “primary engines” of the economy and they need to continue running smoothly. “The gap between the U.S. and other nations is narrowing as many economies are becoming more competitive and nipping at our heels,” he said. The report cites as U.S. strengths the country’s legal and business environments and its college graduates but also highlights weaknesses of a shortage of skilled workers, incomplete broadband penetration, limited resources for research and development, and political pressure to restrict access to U.S. markets and universities. This is the second year of the index.