Mike Baur: Switzerland lead the world in tech innovations

Zurich is one of the cities in Europe which has an established system of startup factories. There are other established systems in other cities across Switzerland. Switzerland is one of the most modern and neutral countries in the world. It is also the most globally advanced country in terms of technology. There are tech businesses all over the country. While many countries in the world are going through hardships coping with the global economic recess, the tech industry in Switzerland is booming with success. The country has advanced very well due to the startups that are cropping up everywhere. They have boosted the economy of Switzerland in such a way that it is one of the best in the world.


Startups businesses are popping almost everywhere in Switzerland. There are all manners of companies that are cropping up everywhere. Most of them fall under the fields of green technology, automation algorithm, software design among many other specialties. These startup businesses are creating job opportunities for the people around the country as well as providing consumers with solutions that they need in their life. For a fact, Switzerland is one of the countries in the world with the lowest rate of unemployed people.


Switzerland is an oasis of innovation in the world. Not many cities in the world are able to catch with the level of innovation that is happening in the country. To understand the reason why Switzerland is doing so well, you need to go deep into research about the history, governance, and culture of the people in the country. In this article let us take a look at a few reasons why Switzerland is way ahead of other countries in the world.


Good governance


Good governance is the number one recipe for innovation in a country. Stability in a country usually goes hand in hand with good economic development. Switzerland invests heavily in developing the infrastructure of the country. There is a lot of investment in the transport and educational facilities which are key supporting structures of any economic development.


About Mike Baur


Mike Baur was born in Freiburg, Switzerland. He attended Bern University and Rochester University. He studied masters in business administration and executive master in business administration. He then joined the banking sector for his career. He joined the Union Bank of Switzerland in 1989 and later moved to Clariden Leu. In 2014, Mike Baur left the banking sector and created the Swiss Startup Factory.

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