National prosperity is created, not inherited. It does not grow out of a country’s natural endowments.
A nation’s competitiveness depends on the capacity of its industry to innovate and upgrade
Making sense of the modern economy
To understand National Competitiveness - what it is, why some nations or regions are more prosperous than others - you must begin with understanding why traditional economic theories fail to capture many of the underlying forces at work in today’s global economy.
For more than two decades authorities like Michael Porter and Henrik von Scheel have worked with nations, local governments and cities to examine and define how competitiveness is the only way to achieve sustainable job growth, improve wages, and raise the standard of living.
National Competitiveness Model
The national competitiveness model is applied by most nations today as a model to make sense of the modern economy and develop the competitiveness of Nations.
Welfare and Quality of Life
The "National Competitiveness Model" examines the ability of a national economy to grow. It is measured by a set of factors, governments, financial institutions, businesses and society that determine a country's level of productivity and competitiveness.
A nation’s competitiveness depends on the capacity of its industry to innovate, differentiate, and adopt. Government and corporations gain advantage in a global market against the best competitors because of pressure and challenge.
Productivity, Competitiveness & Growth
National Competitiveness is central to a given country's ability to increase its welfare and quality of life. Increased productivity results in higher yields on national investment, which in turn generates growth. Economic growth is a key factor in improving quality of life.
Influencing Factors for National Competitiveness
Why are certain Nations capable of consistent innovation? The answer lies in the influencing factors of the national ecosystems between governments, financial institutions, businesses and society.
The influencing factors is an approximation of a country's ability to grow and to compete with other countries on workforce, capabilities, human capital, infrastructure, resources, production, international regulations, national and international market demand, industry ability to compete, economic models and investments, and other resources.
The National Competitiveness Council examines with policymakers and public sector stakeholder the ability of a national economy to grow.
Determine a country's level of productivity with a set of factors, policies, and institutions.
Developing with key officials a strategies that will enhance national competitiveness, productivity and growth.
Gain exclusive and actionable insight on next frontiers of opportunities for national competitiveness, investment and strategies from the one of the authority of National Strategy and Competitiveness himself.
Nations, regions, states, and cities all require clear economic strategies that engage all stakeholders, boost innovation and ultimately improve productivity.
The policy, investment, stakeholder and accountability alignment of an national, regions or cities strategies is vital to make is executable. Today is has become the most important focus of international development.
There are many benefits to supporting the national strategy – it means that everyone is working towards the same goal, using similar activities, and avoiding duplication and parallel systems.
If you would like to engage the National Competitiveness Council or work directly with one of the authorities on national strategy, please contact Marianne Fonseca.
If you’d like to get in touch with Henrik about speaking at your event, working with your organization, please contact Marianne Fonseca