Sub-Pillar 5.1: Knowledge Workers
Other Information:
The first sub-pillar includes four quantitative indicators on knowledge workers: employment in knowledge-intensive services;
the availability of formal training at the firm level; R&D performed by business enterprise (BERD) as a percentage of GDP
(i.e., BERD over GDP);12 and the percentage of total gross expenditure of R&D that is financed by business enterprise. In
addition, the sub-pillar includes two indicators related to the Graduate Management Admission Test (GMAT).13 The GMAT mean
scores and total number of test takers (scaled by population aged 20 to 34 years old) were taken as proxies for the entrepreneurial
mindset of young graduates and for their overall aptitude for success in global innovation markets (where skills in English
and mathematics are crucial).
Indicator(s):
|
