by Sixth formers use Lego Mindstorms to make robots at a school in Glarus, Switzerland, on May 17, 2018. © Keystone / Gaetan Bally The Alpine nation has slipped one place to sixth in the “World Digital Competitiveness ranking” compiled by the Lausanne-based IMD business school. The United States and Singapore came first and second in the ranking, which analyses how well economies employ digital technologies. They were followed by Denmark, Sweden and Hong Kong, IMD said in a report published on Thursday. IMD said Switzerland slipped down due to a change in “scientific concentration”: mainly a “stagnant performance in the percentage of female researchers” and lower R&D productivity by publication. Other “major weaknesses” are its regulatory framework (for contract
Topics:
Swissinfo considers the following as important: 3) Swiss Markets and News, 3.) Swiss Info, Featured, Latest News, newsletter
This could be interesting, too:
Frank Shostak writes Assumptions in Economics and in the Real World
Conor Sanderson writes The Betrayal of Free Speech: Elon Musk Buckles to Government Censorship, Again
Nachrichten Ticker - www.finanzen.ch writes Bitcoin erstmals über 80.000 US-Dollar
Nachrichten Ticker - www.finanzen.ch writes Kraken kündigt eigene Blockchain ‘Ink’ an – Neue Ära für den Krypto-Markt?
Sixth formers use Lego Mindstorms to make robots at a school in Glarus, Switzerland, on May 17, 2018. © Keystone / Gaetan Bally
The Alpine nation has slipped one place to sixth in the “World Digital Competitiveness ranking” compiled by the Lausanne-based IMD business school.
The United States and Singapore came first and second in the ranking, which analyses how well economies employ digital technologies. They were followed by Denmark, Sweden and Hong Kong, IMD said in a report published on Thursday.
IMD said Switzerland slipped down due to a change in “scientific concentration”: mainly a “stagnant performance in the percentage of female researchers” and lower R&D productivity by publication.
Other “major weaknesses” are its regulatory framework (for contract executions and business creation for example) and a significant decline in high-tech exports, something which IMD said weakens Switzerland’s competitiveness in digital technology.
The business school said in the case of the US, education and research and development are the major engines of its digital growth, with robotics ever more prevalent in the education process. The US has also seen an increase in e-participation from citizens this year.
Singapore came first in the talent and regulatory framework ranking indicators. Sweden and Denmark stood out for their excellent scores in knowledge building (making economies productive and efficient for citizens), it said.
“Analysis across the globe positions Eastern Asia, Western Europe and North America as the most progressive regions in terms of digital prowess. Conversely, regions including Latin America, Central Asia and Eastern Europe have the most room for improvement,” the school wrote.
The IMD World Digital Competitiveness Ranking study analysed 63 countries, ranking them according to their level of technology, sustainability or digital knowledge.
You Might Also Like
Tally Weijl to close quarter of stores
Swiss fashion chain Tally Weijl will close 200 of its 800 stores internationally and withdraw completely from Bulgaria. In Switzerland, it will close between five and ten of its 81 stores. However, the company says it has secured financing.
Swatch hopes for sales to pick up quickly after pandemic slump
Swatch Group said it expected sales and profits to improve quickly in the months ahead after the coronavirus pandemic caused a “massive decline” in business for the first half of the year.
Embattled Swiss watch industry targets mainland China
The absence of tourists due to Covid-19 will have significant negative repercussions on the Swiss watch industry. In an attempt to make up for this loss of income, manufacturers are focusing their activities more on mainland China as well as easing off the bling.
Swiss care homes and hospitals charged for mouldy masks
Expired, foul-smelling masks cost nearly a franc apiece for facilities in canton Bern at the start of the coronavirus crisis. As a healthcare worker told Swiss public radio, SRF, on Monday, some of the masks they had received earlier this year had to be recalled because they were covered in mildew.
New Swiss Rail Timetable Speeds up Cross-Border Trips
Next year the train connections from Switzerland to Germany and Italy will be faster. On Wednesday the Swiss Federal Railways unveiled the timetable for 2021. In addition to various inland tweaks, the new schedule brings swifter links from Zurich to Milan (3:17) and Munich (ca. 4hrs). From Zurich there will be ten direct trains to Milan; from Basel, five.
Swiss economist says Covid-19 ‘winners’ should pay more tax
Companies that netted their best-ever earnings during the coronavirus crisis should be subject to extra tax, finds one of Switzerland’s top economists.
Swiss regulator censures Bank Syz over money laundering
The Swiss financial market regulator FINMA has reprimanded Bank Syz for breaching money laundering rules involving a business relationship with an Angolan client.
SWISS plans to introduce rapid pre-boarding Covid tests
German airline Lufthansa will introduce rapid tests before certain flights to detect Covid-19 in passengers. If the trial, set to start in October, is successful, it will be expanded to Lufthansa subsidiaries Swiss International Air Lines (SWISS) and Edelweiss.
Tags: Featured,Latest news,newsletter