I am honored to present the 2016 innovation report “Innovation in Israel – Overview.” This is the second year that we are issuing a periodical report, and it is coming out during a special time
The hi-tech industry in Israel is maintaining a high level of performance, but is struggling to break through the glass ceiling. Meanwhile, global competition is rapidly growing. If we do not act quickly to handle the fundamental challenges to the industry, its competitive position will erode, and its future performance will diminish.
The hi-tech industry in Israel is not monolithic and is made up of several groups of companies, each with unique characteristics and needs. In-depth analysis of the industry allows us to identify the formation of a new group – a group of growth companies – as part of the overall maturation of the innovation ecosystem in Israel.
The percentage of Arabs in the hi-tech industry is much lower than their percentage in the population. However nowadays more young Arabs are studying scientific and technological disciplines and integrating into the industry. We must strengthen this trend to reduce the economic disparities and the shortage of employees in the hi-tech industry
In a world where innovation is the name of the game, many companies are investing in research and development. However, the process of innovation itself is changing and being reshaped. Internal innovation is out; and open innovation, especially the kind that engages communities and a variety of stakeholders, is in
In recent years, the Israeli manufacturing industry has been eroding, and it will not survive without fundamental paradigm shift and a technology revolution in the sector. The Israel Innovation Authority is leading the change in national priorities, and is currently developing a range of tools dedicated to facilitate this industry’s needs
Israel and China cooperate in trade, tourism and research, but the great potential that lies in the relations between the two countries, has not been realized yet. The profound change process that China is undergoing, from a manufacturing superpower to an innovation superpower, is a valuable opportunity for Israeli hi-tech companies
The robotics field is flourishing, thanks, in part, to considerable technological enhancements, alongside a leap in the quality of the basic essential technologies, and significant cost reductions. The robotics revolution will radically change our lives in terms of health, recreation, employment, transportation and more. Will Israel take a leadership role in this field?