However, the low tertiary enrollment rate in the country is a cause for concern, as it will affect the development of human resources for the R&D sector. Switzerland is also slowly losing its edge as an R&D destination, as many companies have shifted or located their R&D operations abroad. Although the government has declared budget increases in the funding support provided to companies and small and medium-sized enterprises (SMEs) to prevent a drop in their R&D spend, more needs to be done to attract R&D investment into the country.