'State's investment in start-up companies one of world's highest'
Israel's brain breaks world record
Israel has 13 engineers per 1,000 people; ratio higher than Japan, U.S. with 10 engineers per 1,000 people
Israel is the world champion in the ratio of the number of engineers per residents, with 13 engineers per 1,000 people compared to 10 engineers per 1,000 people in Japan and the United States, Israel's leading newspaper Yedioth Ahronoth reported Thursday.
The findings were reported during a conference on the topic of technological entrepreneurship which was held on Thursday at the Holon Institute of Technology (HIT).
Top professionals in the fields of manufacturing and high-tech participated in the conference.
Professor Avi Messica from the Management of Technology department at HIT, one of the conference organizers, said that "Israel is ranked third in the world when it comes to technological initiatives."
Messica pointed out that the ratio of engineers per residents in Israel is unique.
"The State of Israel's investment in start-up companies is one of the world's highest. The high-tech aspect in industrial exports in Israel is over 50 percent," he said.
