Israel a source for technology acceleration

The World Economic Forum has designated Israel as one of the leading countries in the world in technological innovation. Israel's large concentration of talented and innovative people makes it an ideal place for technological cooperation and investment.
ISRAEL'S COMPETITIVE EDGE - (IMD World Competitiveness Yearbook 2009).
  • 1st in R&D Investments - Israel invests 4.7% of its GDP in R&D, which is the highest ratio of any country in the world.
  • A Highly Educated Available Workforce - Israel is ranked 2nd in the world for availability of qualified scientists and engineers and providing multinationals with an exceedingly professional and skilled labor market.
  • Strong Managerial Entrepreneurship - As a testimony to the country's vibrant start-up culture, Israeli managers were ranked 1st in the world for their business entrepreneurship.
  • Flourishing Start-up and VC Industries - Ranked 1st in the world for number of start-ups per capita and 3rd in the world for Venture Capital availability, Israel provides its entrepreneurs with the necessary backing to turn their innovative ideas into profitable businesses.
  • Ideal Conditions for Innovation - Israel provides the ideal environment to help stimulate innovation. It is ranked 3rd in terms of its quality of scientific research institutions by the World Economic Forum's Global Competitiveness Report 2008-2009.