4. General results
4.2. Main strengths and weaknesses
The main strengths that emerge from the survey of foreign investors’ views are displayed in Figure 2.
The strengths highlighted include infrastructures, including airports, roads and high-speed train links. Like last year, leisure and culture is the
aspect investors rate the highest and is clearly one of Spain’s main attractions.
Finally, other positive aspects relating to Human Capital are worth pinpointing, such as the quality of business schools, which helps to provide
a highly skilled quality labor force, which is a very important factor for investors, as shown below. In line with this, skilled labor costs, another of
the key aspects for investors, also obtains high ratings and is another of the main strengths Spain has to offer. It is particularly significant that a
number of Spain’s strengths lie in Human Capital as this area is key to maintaining a country’s competitiveness in the medium and long term.
Some of the aspects awarded the lowest ratings from investors include several relating to Finance, such as Business Angels and the Alternative
Equity Market. However, as indicated previously, these issues do not concern investors unduly. The total volume of public expenditure on R&D&I
is not considered particularly important either by investors, although clearly Spain’s rating in this category is not positive.
Conversely, other aspects that have received negative ratings are important to investors, such as dismissal costs, the speed and efficiency of
commercial courts and the bureaucratic burden in running a company, hence these aspects should be considered priority areas of action.
Figure 2
Main strengths
Figure 3
Main weaknesses
Leisure and Culture
Quality of Business Schools
High-speed train links
Speed and efficiency of commercial courts
Total volume of public expenditure in R&D&I
Cost of skilled labor
Barometer of the Business Climate in Spain, 2010 results
General results
11
Airports
Business Angels
Dismissal Cost
Alternative Equity Market
Bureaucratic burden in running a company
Roads
3,2
2,2
á i bd l i d ió d i 10
3,3 3,4 3,5 3,6 3,7 3,8
2,3 2,4 2,5 2,6 2,7 2,8