Swiss private companies invest CHF18 billion in research
Swiss private companies invest CHF18 billion in research
Keystone-SDA
Select your language
Generated with artificial intelligence.
Listening: Swiss private companies invest CHF18 billion in research
In 2023, private companies in Switzerland spent CHF18 billion ($19.7 billion) on their own research and development. This is CHF1.2 billion more than in the previous survey in 2021.
This content was published on
2 minutes
Keystone-SDA
Deutsch
de
Schweizer Privatunternehmen investieren 18 Milliarden in Forschung
Original
At just under CHF5.5 billion, the pharmaceutical industry invested the most, as in 2021. This was announced on Tuesday by the Federal Statistical Office, which collects the figures every two years together with the umbrella organisation Economiesuisse.
Research was mainly conducted in the area of health. The estimated 3,500 companies that invest in research and development invested CHF8.5 billion in this area.
The amounts spent by companies on research abroad rose sharply in 2023, increasing by 12% per year. The Federal Statistical Office and Economiesuisse do not see this as a loss of competitiveness for Switzerland. This is because the funds provided by foreign countries for research in Switzerland doubled between 2021 and 2023.
Translated from German by DeepL/ts
This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.
If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.
Popular Stories
More
Swiss Abroad
The citizenship obstacle course facing spouses of Swiss Abroad
Switzerland honours world’s first female professor
This content was published on
Swiss-Russian academic Anna Tumarkin was the world's first fully qualified female professor. She would have been 150 years old today.
Council of Europe warns against excluding Ukraine and Europe from peace talks
This content was published on
The Secretary General of the Council of Europe, Alain Berset, has warned against the exclusion of Ukraine and Europe from peace negotiations.
Switzerland records fewer illegal medicine imports
This content was published on
Last year, the Federal Office for Customs and Border Security seized 15% fewer illegal imports of medicine than the previous year.
Swiss president reacts to US vice president’s speech in Munich
This content was published on
For Swiss President Karin Keller-Sutter, the Munich Security Conference was marked by uncertainty over the course of US foreign policy.
Swiss ‘Covid leaks’ scandal: court keeps gagging order
This content was published on
Swiss prosecutors, investigating a leak of confidential government information during Covid-19, remain blocked from seeing sensitive communication.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.