A significant number of these institutions lack the financial wherewithal to hire consultants to review, design, and implement badly needed academic, administrative, and management strategies that will help the institution make better use of existing resources, thereby increasing the quality and competitiveness of the institution.
Finally, the policymaker's focus on institutional competition was able to draw on the competitiveness of academics and institutions on both sides of the Atlantic, encouraging individuals and institutions to increase their involvement.
Predictably, we hear the chorus of the wounded argue that the bill will stifle the competitiveness of U.S. financial institutions, retard financial innovation, send jobs overseas and limit the abundant options consumers and businesses now enjoy.
Unfortunately, some of the changes could weaken the competitiveness of US financial institutions.
"It could lead to a lowering of the competitiveness of Japanese financial institutions at a time when the financial reform is making substantial progress," he said.
The World Economic Forum defines competitiveness as "the set of institutions, policies, and factors that determine the level of productivity of a country" and thereby lead to sustainable growth.
The World Economic Forum defines national competitiveness as the set of institutions, policies and factors determining productivity levels.
Science and technology parks (STP) promote innovation and foster the competitiveness of the enterprises and institutions they host, and become a key player in the generation of scientific and technological knowledge and in technology transfer between universities, research centres and companies.
Ajmal's research interest is the interface of institutions, industry competitiveness, and economic development strategies.
We define competitiveness broadly as "the set of institutions, policies and factors that determine the level of productivity of a country".
