Sunday , November 24 2024
Home / le News / Switzerland remains among top on R&D investment

Switzerland remains among top on R&D investment

Summary:
Data published this week show that Switzerland invested CHF 24.6 billion into research and development (R&D) in 2021, a sum 4% higher than in 2019 before the pandemic struck. Photo by Chokniti Khongchum on Pexels.comWith an R&D investment equivalent to 3.4% of GDP, Switzerland was fourth internationally behind only the United States (3.5%), South Korea (4.9%) and Israel (5.6%). R&D investment in 2021 in Switzerland was 4% higher compared with 2019, the year of the last survey. R&D activities were mainly carried out within higher education institutions (28%) and private enterprises (68%) by close to 140,000 people. The federal government and non-profit organisations undertook the remaining 4% research. The Swiss government, at both federal and cantonal levels, was a major source

Topics:
Investec considers the following as important: , , ,

This could be interesting, too:

Investec writes Swiss to vote on tenancy laws this weekend

Investec writes Switzerland ranked second in digital competitiveness

Investec writes Swiss wages set to rise in 2025

Investec writes Federal Council hopes to boost savings with pension change

Data published this week show that Switzerland invested CHF 24.6 billion into research and development (R&D) in 2021, a sum 4% higher than in 2019 before the pandemic struck.

Switzerland remains among top on R&D investment
Photo by Chokniti Khongchum on Pexels.com

With an R&D investment equivalent to 3.4% of GDP, Switzerland was fourth internationally behind only the United States (3.5%), South Korea (4.9%) and Israel (5.6%).

R&D investment in 2021 in Switzerland was 4% higher compared with 2019, the year of the last survey. R&D activities were mainly carried out within higher education institutions (28%) and private enterprises (68%) by close to 140,000 people. The federal government and non-profit organisations undertook the remaining 4% research.

The Swiss government, at both federal and cantonal levels, was a major source of R&D funding contributing 27% of the total spent in 2021, 3% more than in 2019.

The biggest change between 2019 and 2021 was a steep fall (-41%) in the amount of R&D funding from abroad. This was due to Switzerland being cut out of Horizon Europe programme. The Swiss government stepped in and filled this hole.

More on this:
FSO press release (in French) – Take a 5 minute French test now

For more stories like this on Switzerland follow us on Facebook and Twitter.

About Investec
Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to our niche client base.

Leave a Reply

Your email address will not be published. Required fields are marked *