On Technological Readiness of ASEAN Countries for Global Competitiveness

Authors

  • Ricky B. Villeta University of San Jose-Recoletos
  • Roramie V. Arco University of San Jose-Recoletos
  • Gallardo E. Gulay University of San Jose-Recoletos
  • Percia A. Leyte University of San Jose-Recoletos

DOI:

https://doi.org/10.32871/rmrj1402.02.18

Keywords:

competitiveness, technological readiness, productivity, technology

Abstract

This study utilized exploratory data analysis or data mining using multivariate
factor, cluster and principal components analyses in order to determine the technological readiness of the ASEAN member countries based on the World Economic Forum 2013 -2014 edition. Factor analysis was able to identify three factors namely, technology competence, access to technology and technology users which were used as bases for clustering the ASEAN member Countries. The means of each cluster for each factor were further utilized to assess the extent of technological readiness of the ASEAN member states through a
model obtained using the principal components analysis. With this model, Singapore, the only nation that belongs to Cluster 3, emerged as the most technologically ready among the ASEAN countries. Group 2 ASEAN nations comprising Thailand and the Philippines, are the next two countries with a very high technological readiness, respectively as compared to Cluster 1 ASEAN member states. On the other hand, ASEAN member states belonging to Cluster 1 are found to be relatively least technologically ready, except for Malaysia,
Indonesia, and Vietnam that ranked fourth, fifth and sixth, respectively with a slightly competitive technological readiness. It was found out that technological readiness of an ASEAN country varies directly with the country’s technological competence, access to technology, and level of technology utilization. More specifically, technological readiness is mainly determined by access to technology which is related to both culture and economy. Meanwhile, global competitiveness highly correlates with technological readiness. Thus, while economic productivity mainly drives global competitiveness, both culture and
economic productivity determines technological readiness. The high correlation between technological readiness and global competitiveness is also limited with culture as much as it is driven by economic productivity.

Author Biographies

Ricky B. Villeta, University of San Jose-Recoletos

graduated from Mindanao State University – Iligan Institute of Technology (MSU-IIT) with a degree of Bachelor of Science in Mathematics (Pure Mathematics) in 2003 as a fulltime scholar, City Mayor’s scholar (Iligan City) granted from having graduated in high school as class valedictorian and CHED-COE (Center of Excellence in Mathematics) scholar awarded by MSU-IIT mathematics and statistics department. He also obtained his Master of Science in Mathematics degree in 2007, with a specialization in abstract algebra (group theory) at MSU-IIT. He had served as Mathematics Lecturer from 2003 to 2005 and as graduate teaching assistant from 2005 to 2006 at the Mathematics and Statistics Department of the College of Science and Mathematics of MSU-IIT. Since 2006 to present, he is a faculty member of the Department of Mathematics and Sciences of the College of Arts and Sciences at University of San Jose – Recoletos (USJ-R), Cebu City. He has been teaching research methods, design of experiments and statistical models in the graduate school, differential equation, differential calculus, integral calculus, applied statistics in business, behavioral statistics, biostatistics, computer aided analysis, linear algebra, abstract algebra, number theory, probability theory, quantitative analysis in business, mathematical investigations and modeling, among others. He is also a trainer for basic and tertiary non-deped teachers on senior high curriculum in mathematics, statistics and probability areas in the Visayas region. His research works and interests are in abstract algebra (group theory), graph theory, differential equation, mathematical modeling and simulation, fractal statistics, data mining and theory development. He also serves as researcher and research statistician at the Center for Policy, Research and Development Studies in USJ-R.

Roramie V. Arco, University of San Jose-Recoletos

is a science instructor at the Department of Mathematics
and Sciences of the University of San Jose- Recoletos. She obtained her Bachelor of Science in Biology from the University of the Philippines Tacloban College. She earned academic units in Master of Science in Wildlife Studies
at the University of the Philippines at Los Banos. She fi nished her Master of Arts in Education major in Science and Technology from the University of the Visayas through the Expanded Tertiary Education Equivalency and Accreditation Program. Her research interest focuses on microbiology and wildlife conservation. She has attended several training seminars and workshops on science education, instructional materials development and research trends. She is a member of several scientifi c organizations and has participated in training courses and conferences.

References

Aw, B.-Y. (2003), Technological Acquisition and Development in Taiwan, in Competitiveness, FDI and Technological Activity in East Asia, S. Lall and S. Urata, eds., Edgward Elgar, Northampton.

Amable, B. & B. Verspagen (1995) The Role of Technology in Market Share Dynamics, Applied Economics, Vol. 27, pp. 197-204.

Cantwell, J. (1989) Technological Innovation and Multinational Corporations, Oxford: Basil Blackwell.

Kim, L. (2003). The Dynamics of Technology Development: Lessons from the Korean Experience, in Competitiveness, FDI and Technological Activity in East Asia, S. Lall and S. Urata, eds., Edgward Elgar,
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Global Competitiveness Report 2013-2014 © 2010 World Economic Forum

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Published

2014-12-28

How to Cite

Villeta, R. B., Arco, R. V., Gulay, G. E., & Leyte, P. A. (2014). On Technological Readiness of ASEAN Countries for Global Competitiveness. Recoletos Multidisciplinary Research Journal, 2(2). https://doi.org/10.32871/rmrj1402.02.18

Issue

Vol. 2 No. 2 (2014)

Section

Articles

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Copyright of the Journal belongs to the University of San Jose-Recoletos