Purpose

The purpose of this study is to analyze how institutional governance and business environment affect countries’ competitiveness and their relative importance.

Design/methodology/approach

In this paper, the authors analyze how institutional governance and business environment affect countries’ competitiveness, their relative importance and what are the implications for Brazil. The authors have collected data from 131 countries related to the institutional governance, business environment and competitiveness of these countries. For the analysis of the mentioned influences, the technique of partial least squares structural equations modeling is used.

Findings

Results indicate that the main role in countries’ competitiveness is played by the quality of institutional governance. The quality of the business environment reinforces the positive effect of the quality of institutional governance on countries’ competitiveness (mediation effect). Brazil has poor governance quality indicators when compared to high-middle income countries, especially regarding government effectiveness, political stability and control of corruption.

Research limitations/implications

The study provides a better understanding of the relative importance of governance quality and business environment quality for countries’ competitiveness. One limitation of this study is that the research was restricted to data related to the year 2019.

Practical implications

For strategists and decision-makers, understanding these effects on countries’ competitiveness and their relative importance is fundamental to understanding what makes their companies internationally competitive.

Social implications

The presence and appreciation of institutional governance quality need to be cultivated in society.

Originality/value

Instead of using the original diamond model, which presents circular relationships, the authors have used the business environment construct, composed of elements of the diamond model to test the relationships between the quality of institutional governance, competitiveness and the business environment.

中文翻译：

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国家治理与竞争力：营商环境的中介效应

目的

本研究的目的是分析制度治理和商业环境如何影响国家的竞争力及其相对重要性。

设计/方法/方法

在本文中，作者分析了制度治理和商业环境如何影响国家的竞争力、它们的相对重要性以及对巴西的影响。作者从 131 个国家收集了与这些国家的制度治理、商业环境和竞争力相关的数据。为了分析上述影响，使用了偏最小二乘结构方程建模技术。

发现

结果表明，国家竞争力的主要作用是制度治理的质量。商业环境的质量加强了制度治理质量对国家竞争力的积极影响（中介效应）。与中高收入国家相比，巴西的治理质量指标较差，尤其是在政府效率、政治稳定性和腐败控制方面。

研究限制/影响

该研究更好地理解了治理质量和商业环境质量对国家竞争力的相对重要性。这项研究的一个限制是该研究仅限于与 2019 年相关的数据。

实际影响

对于战略家和决策者而言，了解这些对国家竞争力的影响及其相对重要性对于了解是什么使他们的公司具有国际竞争力至关重要。

社会影响

制度治理质量的存在和欣赏需要在社会中培养。

原创性/价值

作者没有使用呈现循环关系的原始钻石模型，而是使用由钻石模型元素组成的商业环境结构来测试制度治理质量、竞争力和商业环境之间的关系。