Switzerland is like this, turned to eleven, plus a lot of nationalism and need to be separate from the bigger neighbours. You won't get money from a bank or investor down there unless you are solidly local, doing something they understand and looks like all the other medium family businesses making machines or parts down there.
Caveat: Of course this is full of personal impressions, stereotypes and things like that. And it is strictly a collection of more negative aspects, there is of course a positive side.