Page 12 - Discover Israel Magazine - UKA Edition 2023

What is the secret of

Israel's innovation?

T h e S t a r t - U p N a t i o n

Dr. Yifat Turbiner

Israel—a tiny nation with a population of only Moreover, the country also has the highest highest concentration of start-ups per capita
9 million people, whose name doesn’t even number of engineers per capita and is the worldwide. Therefore, it is world-renowned as
fit within its borders on most world maps, is world’s leader in research and development being a “start-up nation.” Those companies
consistently ranked among the world’s most (R&D) expenditure as a percentage of its developed solutions and game-changing
innovative countries. It’s also considered a GDP. In fact, Israeli startups garnered billions innovations that have impacted millions
top global location for entrepreneurs and is in funding from venture capitalists., more than of people around the world. Without even
a magnet for hundreds of the world’s leading invested in all European countries' startups. knowing, you probably use Israeli innovation
multinational corporations such as Apple, every day. From the technology installed in
Amazon, Google, LG, SAP, Merck, Honda, It may surprise you, but this small country, your car that helps avoid car accidents and
and many others that established their devoid of natural resources, which had to fight brings you safely to your destination, to the
research and development centers in Israel. for its very existence since its inception, has the USB flash drives you use, voicemail, instant

DISCOVER ISRAEL 12