Innovation and R&D Collaboration

Insights: Institutional Framework • GCR: Most problematic factors for doing business Source: World Economic Forum, Executive Opinion Survey 2016 Poor work ethic in national labor force 19.8 Corruption Inefficient government bureaucracy 14.4 13.9 11.9 10.7 Crime and theft Foreign currency regulations Access to financing Insufficient capacity to innovate 4.9 Inadequate supply of infrastructure 4.3 Inflation 2.9 Restrictive labor regulations 23 Inadequately educated workforce 2.3 Policy instability 1.9 Tax rates 1.6 Tax regulations 1.1 Government instability/coups 1.0 Poor public health 04 6 10 16 20 18

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