Innovation ¦ Power up Switzerland
Switzerland, as a developed country, is faced with improving its productivity and competiveness. Innovation is more crucial now in the context of Covid-19, which has seen digital acceleration, (forced) adoption of digital channels and more data centricity. Innovation creates real value by discovering new commercially viable products and services whilst improving upon existing ones. By creating the necessary framework, setting new standards for data privacy and security and creating unparalleled open data collection, the government can secure Switzerland’s place as a leading innovative business location. Businesses need to innovate both in incremental and revolutionary ways, create a culture fit for innovation and manage their innovation portfolios to leverage ecosystems.
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