| Code | GCI.11THPILLAR.XQ |
| Indicator Name | 11th pillar: Business sophistication |
| Short definition | This indicator is a derived from the following indicators: (a) Local supplier quantity (b) Local supplier quality (c) State of cluster development (d) Nature of competitive advantage (e) Value chain breadth (f) Control of international distribution (g) Production process sophistication (h) Extent of marketing and (i) Willingness to delegate authority. |
| Long definition | This indicator is a derived from the following indicators: (a) Local supplier quantity (b) Local supplier quality (c) State of cluster development (d) Nature of competitive advantage (e) Value chain breadth (f) Control of international distribution (g) Production process sophistication (h) Extent of marketing and (i) Willingness to delegate authority. |
| Source | The Global Competitiveness Report: various issues (http://gcr.weforum.org/). |
| Topic | Public Sector: Policy & institutions |
| Periodicity | Annual |
| General comments | Two types of data are used in the GCI: (a) Survey data:These data are the results drawn from the World Economic Forum’s Executive Opinion Survey. (b) Hard data: These data come from indicators obtained from a variety of sources. |
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