Taiwan is rated 9th out of 67 major economies in the latest World Digital Competitiveness Ranking released Nov. 14 by Switzerland-based International Institute for Management Development, according to the Ministry of Digital Affairs.
Economies were ranked using 59 criteria in the categories of Knowledge, Technology and Future Readiness. Among the benchmarks in the first category, which measures a country’s ability to acquire new technologies, Taiwan ranked second in total research and development personnel per capita and third in educational assessment PISA math, higher educational achievement and total expenditure on R&D.
In Technology, which evaluates digital innovation capability, Taiwan topped the world in IT and media stock market capitalization and was third in high-tech exports. The Future Readiness category, which assesses progress in digital transformation, had Taiwan placed second in corporate agility.
According to the MODA, the results spotlight success in government policies promoting digital infrastructure development and cybersecurity, and highlight the strength of Taiwan’s information communication technology, as well as related R&D activities, private sector performances and higher education.
The government will continue its focus on personnel cultivation and expand public investment in emerging sectors such as artificial intelligence so as to ensure the country’s competitiveness in the digital era, the MODA said.
The rankings serve as reference for future policymaking to expand public-private sector collaboration, enhance the country’s digital resilience and achieve sustainable growth through equitable, diverse and innovative approaches, the ministry added. (SFC-E)
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