A Creative & Inventive Culture
Ranked #1 globally for innovative capacity by IMD Global competitive year book 2013
Ranked #3 globally for innovation by WEF Global competitive yearbook 2013-2014
- #1 for quality of scientific institutions
- #3 for scientific infrastructure
- #4 for technological infrastructure
- Fast adoption of innovation
Source: WEF year book 2013-2014 ; IMD 2013
An Entrepreneurial DNA
Ranked #1 for density of startup ventures per capita
(2nd only to Silicon valley in total # of startups)
Tel-Aviv, Israel‘s business center, is ranked the 2nd best innovation ecosystem globally by The startup Ecosystem Report 2012
- #1 for both country and business sector expenditure on R&D (as % of GDP)
- Problem solving orientation
- Immigrant society
- High tolerance for failure