Tuesday, November 10, 2009

Romania intensifies IT competitiveness

A new study from the Economist Intelligence Unit (EIU) showed that Romania boasts a number of impressive performances in Information Technology (IT) competitiveness, holding the 36th spot in this year's world classification.The EIU White Paper assesses and compares the IT level and business environment of 66 countries including the Czech Republic, Estonia, Lithuania, Hungary and Slovenia.

Out of 100 possible points, Romania received 39.6 in 2009 (moving up to the 36th spot from the 2008 level of 39). Estonia clinched 55.6 points, followed by the Czech Republic with 47, Slovenia with 46.3, Hungary with 46.1 and Lithuania with 43.3. The EU Member States ranked in the top 6 were Finland (73.6), Sweden (71.5), the Netherlands (70.7) and the UK (70.2).

According to the EIU report, six factors compete to establish a strong environment for the IT sector: an ample supply of skilled workers; an innovation-friendly culture; world-class technology infrastructure; a strong legal regime (including copyright, innovation and cyber security); an open and competitive economy; and a government leadership capable of finding the perfect balance between technology promotion and market responsibility.

'Broadband networks are a vital factor for IT competitiveness' the EIU report showed. 'Technological companies request rapid, performing and safe Internet access, and the importance of broadband networks will grow when more IT services and applications are supplied on the Internet,' the report said.

Technology can help boost the economy and can generate economic growth in the long run.

Source DG Research

More information DG Research

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