A Detailed Analysis of Sources and Rankings
The IPS National Competitiveness Research 2012 classifies 62 countries into nine country groups according to the differing degrees of size and competitiveness of countries in order to compare relative positions of countries. In terms of size, countries are categorized into three groups: large, medium, and small. With regard to competitiveness, countries are classified as strong, intermediary or weak. Countries within the same group are more likely to compete against one another in similar industries. Therefore, in order to derive useful implications for enhancing competitiveness, countries must first benchmark the countries that have higher competitiveness within their respective size groups (see Table 6.1).
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