The Valencian Community is not one of the worst in the ability to attract, create and retain talent, but its position is a long way from other autonomies such as Madrid, the Basque Country and Navarra, and below Catalonia or Aragon, as examples. A reality that is explained in detail in the 2023 Talent Map, prepared by Cotec and the Ivie (Valencian Institute of Economic Research), which was presented yesterday in Valladolid. A report that also highlights that only Madrid has the capacity to equal or surpass Germany in some of the study's indicators.
The report (which can be consulted at cotec.es) analyzes 55 indicators grouped into six pillars: Facilitate, Attract, Grow, Retain, Capacities and Technical Vocations, as well as Knowledge. In this regard, with regard to the Valencian Community, it is concluded that the position is "modest" in most indicators, "standing out slightly above the average only in two of the twelve sub-pillars evaluated", and adds that " "There are many fronts of improvement." For the first time, this study has established a comparison with Germany.
Among the elements that work against the Valencian government are "the high levels of public debt" that condition the "Retain" pillar; influencing lower levels of health provision, little investment in environmental protection and renewable energy. Furthermore, it emphasizes that the "Knowledge" pillar is undermined by "a lower relative level of research professionals and graduates in the branches of STEM, an acronym in English for Science, Technology, Engineering and Mathematics ( Math).
The Community of Madrid, together with the Basque Country and Navarra, and to a lesser extent, Catalonia and Aragon, concentrate the ability to create, attract and retain talent in Spain. The work analyzes, first of all, the migratory flows of Spain, that is, the professional profiles of migrants, as well as their origins and destinations. Germany, the third favorite destination for Spanish migrants, has been the country chosen to compare the results. The work shows that Spain exports much more qualified profiles than it imports.
In 2019, 43% of Spanish workers who emigrated did so to occupy a highly qualified position, while only 11.3% of foreigners who came to work in Spain occupied that profile. Similarly, only 39.9% of Spanish emigrants ended up working in elementary or manual occupations, compared to 84.9% of foreigners who arrived in Spain. According to various sources cited in the study, more than half of the mass of emigrants who left had higher education, compared to almost a quarter of the immigrants who arrived.
The Community of Madrid manages to lead three of the pillars (Facilitate, Attract and Impact of Knowledge), while the Basque Country, Navarra and Catalonia lead one (Grow, Retain and Capacities and technical vocations, respectively). Madrid surpasses Germany in four of the six pillars. Eight of the 17 autonomous communities do not surpass Germany in any pillar.
