The Slovak economy according to GII stands out strongly in the automotive industry and will face the threat of automation



[ad_1]

BRATISLAVA, July 29 (WebNoviny.sk) – Slovakia has long been in the top 50 of the world's most innovative countries, currently ranked 36th. This is the result of the latest Global Innovation Index 2018 (GII).

Classified by Switzerland, which has been the leader in innovation every year since 2011. Other stories include the Netherlands, Sweden, Denmark and the US, but in the top ten also reached Hong Kong, Singapore and Ireland

Slovakia ranks 36th among light innovators whose innovation performance is at the level of expectations.

Slovakia lags behind, for example, in robotics

Innovation in Slovakia, according to SAPIE, focuses primarily on the field of information and communication technologies (ICT) because this area is the most effective demand for capital. In 2016, venture capital funds mainly invested in ICT-focused enterprises

Of the total funds invested in start-ups in Slovakia, 63.3% have the largest share compared to countries neighbors. By contrast, according to the GII, Slovakia is lagging behind in investing in capital-intensive industries such as biomedicine, robotics or clean technologies (proselytizing technologies)

. automation and robotics, which is becoming a reality for a growing number of jobs and sectors.

Excessive focus on the automotive industry

"According to the OECD study, up to one third of jobs in Slovakia are highly automated. Main reason for the OECD, there is too much emphasis on the automotive industry.The automation and robotics will become a reality in the coming years for the Slovak economy, which should already respond flexibly to the changes in the labor market that will bring about technological advances. " says SAPIE in a report

according to SAPIE, increasing the number of jobs in industrial production that are not not routine – that is, jobs that require relatively complex tasks that can not be organized in systematic repetition or code

are more difficult to replace with the machine and are therefore more resistant to automation. These are creative workstations such as programming or recurring decisions in the workload. The proportion of these non-routine posts represents only about 18% of our industrial output, at least among all OECD countries. " provided the IG Alliance for Innovative Economics

[ad_2]
Source link