IPS National Competitiveness Research 2024
“Strategic Insights to Enhance National Competitiveness”
Reports on national competitiveness often rank the same countries differently, which can confuse readers and make it challenging for government officials to develop practical policies.
These inconsistencies arise from the use of different methodologies and models. To address these challenges, this report introduces a new framework called the IPS Model. Based on an extended version of Michael Porter’s Diamond Model, the IPS Model offers a more comprehensive approach to understanding and improving national competitiveness, providing actionable insights for governments worldwide.
The tools and methods presented in this report are also applicable to industries and companies, offering both scholars and practitioners practical guidelines for enhancing competitiveness.
A key highlight of this year’s report is the comparative analysis of the United States and China, the world’s two largest economies. It explores their complex and competitive relationship while proposing strategies to foster collaboration and mutual growth. Additionally, the report provides recommendations for other nations impacted by the dynamics of US-China competition.