Nicholas Brathwaite - Technology, Innovation and Entrepreneu
CASE STUDY: ISRAEL
Export of High-Tech Goods, Software and R&D
SPAWNED FROM GOVT. INVESTMENTS IN R&D, ISRAEL IS ARGUABLY, THE MOST CUTTING EDGE INNOVATION ECOSYSTEM OUTSIDE OF USA & CHINA.
$10B $15B $20B $25B $30B $35B $40B $45B $50B
Export of high-tech goods Export of software and R&D
25 29
21
16 18
14 14 15
ISRAELI INVENTIONS THAT CHANGED THE FIELDS OF:
10
9 8
8
1.
AGRICULTURE • Drip irrigation tech • Biogas generation • Biological Pest Control
3.
COMPUTERS • VoIP • USB Flash Drive • Internet Messaging AUTOMOTIVE & OTHERS • GPS navigation • ADAS
21 21 20 22
7
6
19 20 20 20 20
17
16 17
Billions of Dollars 5 5
13 14
10 11
$0B $5B
2.
MEDICINE • Flexible Stent • Pill Cam
4.
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Percentage of high-tech exports from total exports
50%
4. ENTREPRENEURIAL SPIRIT Highest concentration of leading startups. 4K startups / 9.2M residents 1. HIGH INTELLECTUAL DENSITY Nearly half of Israel’s population acquires higher education
2. R&D HUB 300+ multi national corporations have R&D centers in Israel 5. THRIVING ECOSYSTEM Ranked 4th in the 2019 Global Startup Ecosystem Ranking
3. MATURE HIGH-TECH INDUSTRY 13% of GDP comes from the high-tech industry 6. GLOBALLY COMPETITIVE Israel is ranked 3rd in the # of companies listed on NYSE
40%
30%
20%
10%
0%
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
SOURCE(S):
1. IVC 2019 Report
2. Israel Ministry of Economy & Industry
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