Skiplink Navigation

Main Features

Fear of failiure Swiss confidence in creating startups at six-year low


The report's authors recommend entrepreneurship training from secondary school onward as career decisions are made after leaving school. 

(© Keystone / Christian Beutler)

Despite significant investments in the Swiss startup scene, the perceived capability to start a new business is lower than most high-income countries.

Only 36.3% of 2,400 Swiss surveyed by Fribourg’s School of Management felt they were capable of creating a new company. This is the lowest level of confidence since 2012, say authors of the report which fed into the Global Entrepreneurship Monitor 2018/19external link. Only Italians were less confident among the 15 high-income countries surveyed, with Canadians and Americans at the top (little over 55%).

The fear of failure has also increased by 10 percentage points compared to 2017. Overall, only 7.4% of Swiss participated in entrepreneurial activities in 2018 compared to an average of 10.4% across all 15 countries surveyed. Among 18-24-year-olds only 2.2% were involved in entrepreneurial activity, the lowest among countries surveyed and well below the average of 9.5%.

The silver lining in the Swiss startup scene was the quality of the startups. The proportion of companies which were founded as a result of good opportunities was above average (67.6%), while those created out of necessity accounted for only 13.9%.

“This explains why founders tend to have high growth expectations: one-third would like to hire six or more people in the next five years,” says the report.

Neuer Inhalt

Horizontal Line

SWI on Instagram

SWI on Instagram

SWI on Instagram

subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.

Click here to see more newsletters