When it comes to competitiveness and the ability to innovate, Switzerland has been one of the world’s top business locations for years. Several factors are responsible for Switzerland’s leading position: In addition to its excellency in education and a state-of-the-art infrastructure, one prominent reason for equating Swissness with business-friendliness, reliability, and productivity certainly is the efficiency of Swiss government authorities. For decades, companies and their investments in Switzerland have been able to benefit from a strong legal system, planning reliability and financial stability. Such an environment also provides the single most important precondition for sustainable expansion into new markets. Not coincidentally, Switzerland can claim the highest density of multinational enterprises.
The Basel region has made major contributions to this Swiss success story. Not only lay the beginnings and origins of numerous leading global players here, their successes also fuels the economic growth of our dynamic region. For instance, GDP numbers for the Basel region are significantly above the national average: The greater agglomeration of Basel achieves the highest gross domestic product per capita. At the same time, the Basel region is boosting Switzerland’s innovative capabilities, largely due to its leadership in life sciences and other high-tech sectors that are strongly represented in the area. For example, roughly a fifth of Switzerland’s value of exported goods is generated in the Basel region – remarkably considering the Basel region represents less than 10% of the Swiss population.
Four eminent features are at the core of the excellent reputation that Switzerland, and the Basel region in particular, enjoy when it comes to global competition of business, industry and knowledge locations: