Matrix Hard - The Impact of Technological, Economic and Social Indicators on Productivity and Competitiveness
Journal Title: International Journal of Applied Research in Management and Economics - Year 2020, Vol 3, Issue 4
Abstract
The objective of this research is to demonstrate the impact of technological, economic and social indicators on productivity and competitiveness through the HARD Matrix method, proposed by the European Commission. The level of economic development of different countries, as well as the degree of diversification and specialization of their world production, determines the degree of integration of national economies in the world economy that differs considerably by country and group of countries. The expansion and amplification of the internationalization process have substantially changed the place and role of each state in the world economy. Due to this process, today's world economy is no longer a simple sum of economies put in contact, but a global-universal system, unitary through the interrelationships between the component subsystems and its extremely heterogeneous structure. In the twenty first-century, the process of amplifying innovation, the net economy, and the Covid 19 pandemic have shaped new trends in the world countries and determined the balance of power between the three great empires of the world â the United States, the European Union, and China. At the same time, there are no similar links between the United States, the European Union and China, they do not share the same culture, do not share the same geographic space, and do not use the same models of economic development, but all of them consider innovation, sophisticated business, technology, safe tools in promoting economic growth and competitiveness.
Authors and Affiliations
Marina Popa,Maia Pisaniuc,
Keywords
Related Articles
- EP ID EP745310
- DOI https://doi.org/10.33422/ijarme.v3i4.509
- Views 36
- Downloads 0
Personal values, norms and sustainable consumption behaviours of beverage consumers in Central Uganda
This study investigated the relationship between personal values, norms, and sustainable consumption behaviours of beverage consumers in central Uganda. The study employed a correlational design where 400 beverage consum...
Corporate Social Accountability: Lessons from Coca-Cola’s Conflict at Plachimada
This paper explains the process by which a global corporate giant was made to account for its social responsibility by studying the conflict between Coca-Cola company and the local community in Plachimada (a small villag...
Changes in Employment Based on The Education Criterion in the EU: Skill-Upgrading or Skill-Polarization?
This paper focuses on a changes in the structure of the labor market, where the main criterion is being education, which determines the skill level of each worker. This fact allows considering highly educated workers as...
Talent Retention through Employee Engagement, Human Resource, Knowledge and Change Management: A Conceptual Framework
This study examines talent retention in the Information and Communication Technology (ICT) sector by focusing on the relationships between human resource management (HRM), knowledge management (KM), change management (CM...
Debt Sustainability in Developing Economies: Evidence from Sub-Sahara Africa
In this study, we assess the debt sustainability of emerging economies in Sub-Saharan Africa. We specify a dynamic panel threshold to estimate the debt threshold for primary surplus and economic growth. The results revea...