The Global Innovation Index, compiled by the World Intellectual Property Organisation (WIPO), reveals Switzerland as the world’s most innovative nation, outpacing even scientific giants like the US and China. The index, encompassing a wide range of indicators including R&D spending, technological advancements, and even film production, highlights Switzerland’s remarkable innovation prowess. However, despite the global innovation boom experienced between 2020 and 2022, the world is witnessing a slowdown in innovation, with key indicators like scientific publications and venture capital investments declining. Notably, even China, despite its rise in the rankings, faces challenges in its venture capital industry, prompting the government to explore unorthodox solutions.