search

Each year, the World Talent Report, produced by the Institute for Management Development (IMD) with the help of the Chamber of Commerce in Luxemburg case, estimates countries’ capacity to attract and sustain talent. In order to measure a aggregated performance, the IMD World Competitiveness Center observe three different areas : the investment in and development of home-grown talent (“Investment and development” factor), the ability of the country to tap into the pool of oversea talents (“appeal” factor) and the availability of skills and competencies (“readiness” factor).

Luxembourg has solid results in each area: 17th in readiness, 16th in Investment and Development, and 4thin Appeal. It places the Grand-Duchy at rank 10 in overall performance, behind nine European countries, including the same podium as in 2016, Switzerland, Denmark and Belgium, and just above Canada.

The study reveals powerful strengths in Luxemburg, as the employee training, the highly-skilled foreign personnel and the international experience of senior managers. Among The weaknesses, we have to mention the female labor force, the management education and the difficulty to find skilled collaborators.

In their review, the IMD World Competitiveness Center concludes that best performing economies to attract and sustain talent “offer an outstanding educational system from primary to tertiary levels, substantial opportunities for career advancement throughout the entire professional life span and a superior quality of life.”

- communicated by the Chamber of Commerce -

Read more

LIST and Expon Capital to attract AI companies to Luxembourg

28-03-2024

The Luxembourg Institute of Science and Technology and VC company Expon Capital have joined forces to identify R&D opportunities in artificial intelligence.
Read more

56 days until the 2024 European Digital HealthTech Conference

19-03-2024

Register for a unique conference exploring the challenges of bringing health technologies to the market and their solutions from 14 to 15 May 2024 in Luxembourg. A call for speakers is also open until 16 April.
Read more

Business Partnership Facility launches 11th edition

15-03-2024

A new call for projects has been launched by the Luxembourg Cooperation with a view to co-financing innovative business partnerships in developing countries up to €200,000. Submission deadline: 30 April 2024.
Read more

International recognition for Fit 4 Start and the LCI

14-03-2024

A publication from the Financial Times and Statista highlights the foundational work carried out by two key organisations in Luxembourg's startup ecosystem.
Read more

Pony.ai to advance autonomous mobility from Luxembourg

07-03-2024

On 6 March 2024, the California-based mobility company signed a memorandum of understanding focused on R&D and deployment of autonomous vehicles in Luxembourg.
Read more

Resources all news

Fermer