Co-published by WIPO, Cornell University and INSEAD, the Global Innovation Index 2020 provides detailed metrics about the innovation performance of 131 countries and economies around the world. Its 80 indicators explore a broad vision of innovation, including political environment, education, infrastructure and business sophistication.
The 2020 edition sheds light on the state of innovation financing by investigating the evolution of financing mechanisms for entrepreneurs and other innovators, and by pointing to progress and remaining challenges – including in the context of the economic slowdown induced by the coronavirus disease (COVID-19) crisis.
For the tenth consecutive year, Switzerland finished first in the Global Innovation Index thanks in particular to the many developing startups. In 2019, nearly CHF 2.3 billion were invested in 266 of them, making Switzerland the 5th largest European country investing in startups. They represent the diversity and richness of the Swiss innovation ecosystem.
Like the biotech company Cutiss AG that won first place in this edition of the TOP 100 of the most promising Swiss startups. Founded in 2016, Cutiss cultivates skin made from human cells in the laboratory to treat skin defects, including severe burns. She was followed on the podium by Wingtra, a startup that produces drones specialized in mapping. Finally, the startup Piavita finished third thanks to its sensors allowing horse owners, clinics and veterinarians to remotely monitor, via an application, sick or convalescent animals.
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