Israel Matzav

Video: How Israel became a high-tech paradise

Here's an interesting report from the BBC on how Israel has become a high-tech hub.

Let's go to the videotape.



Here are some statistics about Israel's high-tech industries:

Israel currently has almost 4,000 active technology start-ups - more than any other country outside the United States, according to Israel Venture Capital Research Centre.

In 2010 alone the flow of venture capital amounted to $884m (£558m).

The result: high-tech exports from Israel are valued at about $18.4bn a year, making up more than 45% of Israel's exports, according to the Central Bureau of Statistics.

Israel is a world leader in terms of research and development spending as a percentage of the economy; it's top in both the number of start-ups and engineers as a proportion of the population; and it's first in per capita venture capital investment.

Not bad for a country of some eight million people - fewer than, say, Moscow or New York.

Read the whole thing. And if you want to get involved, please keep your faithful scribe in mind.

Labels: Israeli high tech, venture capital

posted by Carl in Jerusalem @ 2:59 PM