Why Israel?
Israel is known for its
leadership in research, product development and technology advancement. Israel is one of the largest world centers for start-up
enterprises, with thousands of highly qualified engineers and many
talented inventors. The facts speak for
themselves: of the 20,000 Start-ups worldwide, over 5000 are situated in Israel.
Israelis think and act differently, they improvise and solve problems in a
manner different to most societies, this is their strength.
Israel's
Competitive Edge:
1st
in R&D investments- Israel invests 4.8% of
its GDP in R&D, which is the highest ratio in the world (IMD World
Competitiveness Yearbook 2007).
Preferred choice of
leading global players- Microsoft, Berkshire- Hathaway, Motorola, Intel, HP,
Siemens, Samsung, GE, Philips, Lucent, AOL, Cisco, Applied Materials, IBM and
J&J, are just a few examples of multinationals that run core activities in
Israel.
Profit-driving
innovations- Disk-on-key technology, IP Telephony, Zip compression, the
ingestible pill size camera, modern drip-irrigation technology, ICQ instant
messenger and many more were all Israeli breakthroughs.
Highly-educated
available workforce- Being 1st in the world for availability of qualified
scientists and engineers, Israel
provides multinationals with a professional and skilled labor market (2006-7
WEF Global Competitiveness Yearbook).
Flourishing Start-up
and VC industries- Ranked 2nd in the world for Venture Capital availability, Israel provides
its entrepreneurs with the necessary backing to turn their innovative ideas
into profitable businesses (2006-7 WEF Global Competitiveness Yearbook).
Deeply integrated into
the world economy
Israel has the largest
number of companies listed on the NASDAQ outside of the United States
and approximately 70 Israeli companies are traded on various European
exchanges.
Nobel laureates- Five Israelis have
won Nobel Prizes within the last ten years in the fields of chemistry and
economics.
Sophisticated and comprehensive infrastructure- Ranked
3rd in the world for technological readiness, Israel provides multinationals an
environment suitable for the most demanding business requirements (2006-7 WEF
Global Competitiveness Yearbook).
Israel's Ranking in Global Competitiveness Reports- With
top scores in leading competitiveness indexes in 2007, Israel
continues to demonstrate that it is a major player in the international
business arena. Ranked in the first
places in total expenditure on R&D as a percentage of the GDP,
technological readiness, venture capital availability, quality of research
centers and quality of the workforce, Israel enjoys an impressive track
record.
