Center of innovation
The canton of Vaud is proud to be a leading European hub in terms of technology and innovation. Its research centers and technology parks attract large numbers of international specialists.
Switzerland’s reputation as a country which fosters innovation is recognized by INSEAD’s Global Innovation Index, which ranks the country first in the world. This is largely attributed to its talented human capital as well as high spending on research and development. Indeed, R&D spending is among the highest in the world at 3.4% of GDP.
The secret of Switzerland’s success lies in the synergies of industry and academia. Close ties between universities and institutes of higher education and industry promote the transfer of knowledge and technologies. Institutes on an international scale, such as the European particle physics laboratory (CERN) and the Paul Scherrer Institute devoted to natural and engineering sciences, attract specialists from all four corners of the globe.