Denmark, Sweden and Switzerland Lead the Rankings in the Global Information Technology Report 2007-2008

Geneva, Switzerland, 9 April 2008 - Denmark is the most networked economy in the world, followed by Sweden and Switzerland, according to The Global Information Technology Report 2007-2008, released today by the World Economic Forum. Among the top ten, the Republic of Korea (9) and, to a lesser extent, the United States (4) post the most notable improvements (moving up 10 and 3 positions, respectively).

World Economic Forum Networked Readiness Index 2007-2008

“The successful experience of the Nordic countries, Singapore, the United States or Korea shows that a coherent government vision on the importance of ICT, coupled with an early focus on education and innovation, are key not only for spurring networked readiness, but also to lay the foundations for sustainable growth,” said Irene Mia, Senior Economist of the Global Competitiveness Network at the World Economic Forum and Co-Editor of the Report.

Published for the seventh consecutive year with record coverage of 127 economies worldwide, the Report has become the world’s most comprehensive and authoritative international assessment of the impact of ICT on the development process and the competitiveness of nations.

Under the theme Fostering Innovation through Networked Readiness, this year’s Report places a particular focus on the role of networked readiness in spurring innovation through topics covered in the analytical chapters.

The Networked Readiness Index (NRI), featured in the Report, examines how prepared countries are to use ICT effectively on three dimensions: the general business, regulatory and infrastructure environment for ICT; the readiness of the three key stakeholder groups  individuals, businesses and governments  to use and benefit from ICT; and their actual usage of the latest information and communication technologies available.

The NRI uses a combination of data from publicly available sources, as well as the results of the Executive Opinion Survey, a comprehensive annual survey conducted by the World Economic Forum with its network of Partner Institutes (leading research institutes and business organizations) in the countries included in the Report. The Survey provides unique data on many qualitative institutional and business environment issues.

This cross-country analysis of the drivers of networked readiness provides useful comparative information for making business decisions and additional value to governments wishing to improve their ICT preparedness.

Download the full Networked Readiness Index 2007-2008 rankings and read the highlights on our website: http://www.weforum.org/gitr

The Report also features a number of excellent contributions from practitioners, scholars and experts with relevant knowledge and experience in ICT. An update of the NRI is followed by chapters on networked readiness-related topics, with a special focus on innovation, and reports on the varied state of ICT development in Singapore, Qatar, and the EU. The Report contains detailed country profiles for the 127 economies featured in the study, providing a snapshot of each economy’s level of ICT penetration and usage. Also included is an extensive section of data tables, including each indicator used in the Index’s computation.

The Report is produced by the World Economic Forum in cooperation with INSEAD, the leading international business school, and is sponsored this year by Cisco Systems. The editors of the Report are Soumitra Dutta, Dean, External Relations and Roland Berger Professor of Business and Technology, INSEAD, France, and Irene Mia, Associate Director and Senior Economist, Global Competitiveness Network, World Economic Forum.

Source: WEF

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