Earlier quoted context omitted.
I tend to agree. Apparently it's very hard to get funding for novel ideas in Switzerland. And yes, risk aversion is a big part of Swiss culture, an example of which being that Swiss are some of the most over-insured people, and savings rates also regularly top the charts. A fairly egalitarian society with a high standard of living makes for a people that doesn't like or "have to" take risks
And there is a quote: "In Italy for thirty years under the Borgias they had warfare, terror, murder and bloodshed but they produced Michelangelo, Leonardo da Vinci and the Renaissance. In Switzerland, they had brotherly love; they had five hundred years of democracy and peace and what did that produce? The cuckoo clock." Sometimes I wonder whether one of the factors that makes US the mecca of technology is the lack o…
Despite that quote being mostly wrong [0][1], a safety net might account for some idleness. But there's more. You might find a local variation of the Law of Jante [2], for example.
0 - https://en.wikipedia.org/wiki/Swiss_mercenaries
1 - https://en.wikipedia.org/wiki/Cuckoo_clock#First_modern_cuck...