Hong Kong is a global IT leader

Posted by | May 25, 2014 | working-in-hong-kong

Global Information Technology Report

2014 Global IT Report

This year marks the 13th edition of the Global Information Technology Report, which provides a comprehensive assessment of networked readiness, or how prepared an economy is to apply the benefits of information and communications technologies (ICTs) to promote economic growth and well-being. Using updated methodology that was introduced in 2012, the report ranks the progress of 148 economies in leveraging ICTs to increase productivity, economic growth and the number of quality jobs.

With the most pronounced improvement among the top 10, Hong Kong SAR (see page 179) climbs six positions to 8th place. The sharp improvement in its score is driven by improvements in conditions for innovation and entrepreneurship (2nd) that were already very positive, a robust skills base (10th), and stronger business (16th) and government usage (24th). Overall, Hong Kong SAR enjoys a fairly well developed ICT infrastructure that, coupled with a stable environment conducive to innovation and entrepreneurship (4th), results in good economic (13th) and social (11th) impacts. Notwithstanding these strengths, individual uptake remains lower than it is in the Nordic countries that lead the rankings.

Indeed, it is this access to the skilled local talent pool that contributes to making Hong Kong ‘the best country for doing business globally‘!

Peter Udall

Guest Editor

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One Response to “Hong Kong is a global IT leader”

  1. Comment made by mikaelarhelger on Jun 21st 2014 at 4:22 pm:

    Published on South China Morning Post (http://www.scmp.com)
    Home > Venture capital showing more money for Hong Kong’s tech start-ups
    Venture capital showing more money for Hong Kong’s tech start-ups

    Submitted by francis_lim on Jun 20th 2014, 11:36am
    Hopes are growing among technology start-ups that venture capital cash will finally start pouring into the sector this year and give Hong Kong a chance of laying claim to being a true “tech town”.

    Source URL (retrieved on Jun 21st 2014, 11:44am): http://www.scmp.com/business/banking-finance/article/1536751/venture-capital-showing-more-money-hong-kongs-tech-start

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