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Switzerland can only keep its high-wage position in the world if its productivity advantage over the rest of the world can be maintained.
The technology-intensive sectors in the Swiss industry portfolio - machinery, electronics, metals, watches, pharmaceutical, agro chemistry, communications, energy, IT – are major contributors to the Swiss economy and, in particular, to Switzerland’s exports. Indeed, machinery, electronics, metals, automotive, precision instruments and the watch industry combined make up more than 50 percent of the exports from Switzerland.
The central element in a global comparison of the productivity development of the Swiss technology sector is an assessment of how it preserves and expands its technological capabilities. The implementation of technological potential in new markets and overall industry growth depends, in particular, on global conditions and on strategic focusing and well-planned clustering, even more than on specific location factors,
With the project Monitoring Technology Locations, BAKBASEL analyzes the Swiss technology sector and cluster and compares it with other competing technology locations.
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