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Switzerland remains ‘world’s most innovative country’

Scientists at the Campus Biotech in Geneva study at the inauguration of the "NeuroNA" neuroscience platform.
Scientists at the Campus Biotech in Geneva at the inauguration of the "NeuroNA" neuroscience platform, which aims to further research into autism, depression and schizophrenia, April 24, 2024. Keystone / Valentin Flauraud

Switzerland remains the world's most innovative country, ahead of Sweden and the United States, with China moving up to 11th place, according to the World Intellectual Property Organisation (WIPO).

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But WIPO also deplored the slowdown in innovation in its communication on Thursday.

For well over a decade, Switzerland has been ranked first in the Global Innovation Index, which brings together dozens of indicators from more than 130 countries. According to the report, it ranks in the top five in all areas except infrastructure, where it comes seventh.

+ Switzerland ‘could lose innovation lead’

As was the case a year ago, it leads the way in terms of access to new technologies and the production of know-how and technologies.

It is no longer in the lead for the political environment for business, where it comes behind Singapore for the first time, or for patents.

More broadly, WIPO deplores a 40% drop in venture capital investment last year, and a slowdown in research spending in the various countries.

Translated from French by DeepL/mga

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