WEF competitiveness ranking: Why did Switzerland fall to 4th place?

The answer is quite simple. The WEF finally takes such important things like

  • entrepreneurial culture
  • companies embracing disruptive ideas
  • multistakeholder collaboration
  • critical thinking
  • meritocracy
  • social trust

into consideration. Before, they did not. It is good and correct that they do. I even think they will have to give this much more weight still.

Before that Switzerland was 9 years in a row on position one:

https://en.wikipedia.org/wiki/Global_Competitiveness_Report#2017%E2%80%932018_rankings

A NEW TOOL FOR UNDERSTANDING AND ASSESSING COMPETITIVENESS
New concepts. With the inclusion of new concepts
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factors that will grow in significance as the 4IR gathers
pace: human capital, innovation, resilience and agility.
These qualities are captured through a number of new,
critically important concepts (e.g. entrepreneurial culture,
companies embracing disruptive ideas, multistakeholder
collaboration, critical thinking, meritocracy, social trust)
complementing more traditional components (e.g. ICT
and physical infrastructure, macroeconomic stability,
property rights, years of schooling).

2017-2018:

http://www3.weforum.org/docs/GCR2018/05FullReport/TheGlobalCompetitivenessReport2018.pdf

2018-2019:

http://www3.weforum.org/docs/GCR2018/05FullReport/TheGlobalCompetitivenessReport2018.pdf

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