Switzerland is recognized as a global research centre where scientists are involved in groundbreaking research. As Switzerland does not dispose of any natural resources, Science and Technology has always been in the focus of the Swiss economy and has been strongly promoted by the government and the private sector.
Both public and private sectors contribute to research in Switzerland. Following the OECD statistics, the Gross Domestic Expenditure on Research and Development (GERD) are carried by 25% by the Higher Education Sector, 69% by Private Sector, 0.9% by the Government Sector and 1.6% by the Private-Non-Profit Sector.
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