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The Relationship Between "Labor Market Efficiency" and "Business Sophistication" in Global Competitiveness

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Executive Summary

The concept of competitiveness has considered by many researchers and governments over the last decade and many studies have been done about this subject. At the same time since 1979, World Economic Forum (WEF) has published annual Global Competitiveness Reports for enabling national economies to achieve sustained economic growth and long-term prosperity. The main objective of this research is survey of interactions between "Labor market efficiency" and "Business sophistication", from set of indices of global competitiveness among 142 countries surveyed by the World Economic Forum in 2011 to present data for improving national competitiveness among different countries around the world.

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