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Photo: IDF
'If not for the Russian immigration, the number of engineers in Israel would be smaller.' Photo: IDF
 

 

Israel – world's leading technological state

New international report reveals Israel has become country with most promising economic future; country’s scientists surpass world's greatest minds

Dudi Goldman
Published: 11.20.05, 11:18 / Israel Money

Israel heads the list of countries with the most promising future, an international study conducted for the Ministry of Industry and Trade revealed.

 

According to the research, Israel, which has already achieved a worldwide reputation of a high-tech superpower, has become the leading country in the areas of science and technology.

 

The Ministry of Industry and Trade recently conducted a "State intellectual capital balance" survey in order to examine Israel's global ranking among developed countries.

 

Israel's leading newspaper Yedioth Ahronoth obtained the document, which reveals that the number of engineers in Israel is the highest
in the world: 135 engineers for every 10,000 workers. The United States is ranked second with only 70 engineers, followed by Japan (65), Holland (53) and Switzerland (38).

 

Israel is also ranked first in the world in the number of scientists and technicians, with 140 for every 10,000 workers. The U.S. is way behind with 83 scientists and technicians, followed by Japan (80), Germany (60) and Switzerland (55).

 

A study conducted Dr. Edna Pasher's consultancy firm reveals that these professions contribute the most to Israel's economy.

 

The survey also bears good news for women, revealing that Israel is ranked second in the number of women employed in technological professions and in professions requiring expertise, with 54 percent of all workers. The U.S. is ranked first with 55 percent.

 

Political Science

 

The study also reveals that Israel provides a supporting business environment and a developed banking and financial infrastructure, and encourages investment in technological initiatives. According to the same study, Israel also leads the national expenditure on research and development in relation to its national product.

 

The Industry Ministry's chief scientist, Dr. Eli Ofer, was satisfied with the findings and explained how Israel became a technological super power.

 

"If not for the Russian immigration, the number of engineers in Israel would be smaller. A decade ago we absorbed a million people, a huge percentage of whom had academic-technological education," he said.

 

According to Elisha Yanai, chairman of the Association of electronics, Israel has become a silicon valley.

 

"We should not be compared to all of the U.S., but to certain high-tech areas, such as California's Silicon Valley, Boston's high-tech area and Texas' high-tech area. Such a comparison, which is more natural to us, ranks Israel at the third absolute spot, and not just at the relative spot of engineers and technological manpower," he said.

 

Yanai also agrees that Israel has become the world's leading technological power state.

 

"We are a power state from the viewpoint of the venture capital industry investing more money here in high-tech and in technology in general," he said.

 

"Apart from that, Israel has another advantage, which is its small area that creates a high concentration of many technological firms. Thus, Israel profits not only from its human capital, but also from the advantage of its geographic-physical size," he concluded.

 

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