Key Competitive Attractions
Israel is one of the leading countries the world in terms of technological innovation. It has the world’s highest percentage of engineers and scientists and invests the highest ratio of GDP to R&D (4.7%). Important sectors are telecommunications, information technology, electronics and life sciences. In terms of the quality of scientific research institutions, Israel is ranked third in the world (World Economic Forum's Global Competitiveness Report 2008-2009).
Several large multi-national companies have chosen to invest in Israel, including Microsoft, Berkshire-Hathaway, Motorola, Intel, HP, Siemens, GE, IBM, Philips, Lucent, AOL, Cisco, Applied Materials, IBM, J&J, Google, Deutsche Telecom and Samsung.
Israel has the highest number of start-ups per capita in the world and comes third for venture capital availability. Important innovations by Israeli companies include disk-on-key technology, IP telephony, ZIP compression, the ingestible pill-size camera, modern drip-irrigation technology and ICQ instant messenger.
Assistance and Support For New Business Investors
Invest in Israel offers services to foreign companies looking to invest in the country. The agency provides comparative analysis on the cost of business operations, coordinates investor visits and makes introductions to relevant partners, including government and non-government agencies responsible for investment policy.
