Table 10. Scores’ validation analysis UM... | Emerald Publishing

Table 10.

Scores’ validation analysis

UM countries	Indicator 1 – institutions	Indicator 2 – Human capital and research	Indicator 3 – infrastructure	Indicator 4 – market sophistication	Indicator 5 – business sophistication	Indicator 6 – knowledge and technology outputs	Indicator 7 – creative outputs
Group 1 – minimum	54.6	30.2	37.4	38.1	27.6	23.4	26.5
Group 2 – minimum	54.7	22	34.5	34.3	25.4	16.4	9.5
Group 3 – minimum	45.9	19	31.2	29	19.7	8.8	9.5

UM countries	Indicator 1 – institutions	Indicator 2 – Human capital and research	Indicator 3 – infrastructure	Indicator 4 – market sophistication	Indicator 5 – business sophistication	Indicator 6 – knowledge and technology outputs	Indicator 7 – creative outputs
Group 1 – minimum	54.6	30.2	37.4	38.1	27.6	23.4	26.5
Group 2 – minimum	54.7	22	34.5	34.3	25.4	16.4	9.5
Group 3 – minimum	45.9	19	31.2	29	19.7	8.8	9.5

Source: Adapted from Cornell University, INSEAD, & WIPO (2016)