Positioning
Innovation
โIt is essential to be open to new ideas and technologies without self-imposed restrictions. In an attractive business location with a strong financial centre, actively engaging with the latest technologies and finding new solutions is part of day-to-day business. Innovation and growth form a symbiosis.
Politics also plays an essential role in this context. The resolutions passed by the government and the state parliament create the foundations on which companies can develop their ideas. A business location must be able to develop further through constant innovation and thus grow qualitatively. The competitiveness of a financial centre depends on attractive government framework conditions, short distances, and the competence and efficiency of the authorities. In Liechtenstein, private innovation is promoted via a unique state innovation framework, whose structures, processes, and services are continuously developed and optimised. This also includes the foundations for a digital financial centre.โ
Liechtenstein was the first country in the world to adopt and implement comprehensive regulations for blockchain technology in line with the token economy. As a โfirst mover,โ Liechtenstein was thus the first country to have comprehensive regulation of this new technology as the basis for an internet of value and the digital economy.
Dr. Daniel Risch, Prime Minister of the Principality of Liechtenstein