The purpose of this research was to develop an index that assesses the competitiveness of national HRD systems. Indicators that are included in national competitiveness reports published by IMD, WEF, …
The purpose of this research was to develop an index that assesses the competitiveness of national HRD systems. Indicators that are included in national competitiveness reports published by IMD, WEF, or IPS have been frequently used to measure the competitiveness of national human resources and educational systems. However, those reports have several limitations in assessing national human resource development and education systems since they focus on economic and national competitiveness of the nations and selected indicators that measure national human resource development and education systems are not based on a theoretical model. Moreover, critics on the reliability and validity of measurement are frequently raised because assessment data are largely collected by corporation executives’ survey responses.
To overcome these shortcomings, a solid theoretical model was developed to select relevant indicators and hard data was mainly utilized for the new index. Michael Porter’s diamond model of national competitiveness, Noel Tichy’s TPC Matrix, and social capital theory were served as foundation models for developing the theoretical framework. Supply conditions and demand conditions of the labor market, environmental factors (technology, culture, and globalization), and supporting systems (investment and institutions) were defined as the main determinants of the competitiveness of national HRD systems and indicators related to each determinant were selected based on previous research. National human resource development competitiveness scores that were computed based on 31 indicators of the index revealed that Norway ranked first, Sweden ranked second, Switzerland ranked third, and Korea ranked twentieth out of 31 OECD countries.