Innovation Ecosystem

The Israeli innovation ecosystem maintained its leading position in 2019, and is highly ranked in different international indices.

Israel is ranked 6^th in Bloomberg’s Innovation Index went up from 10^th to 11^th place in the Global Innovation Index, and maintained its 6^th place position in the Global Start-Up Ecosystem Ranking.

In the OECD R&D Intensity Index (R&D investment as a ratio of GDP) Israel continues to hold a leading position, sharing first place with Korea, with its national spending on R&D being 4.5% of the GDP.

R&D investment as a ratio of GDP

Read more at 2019 Innovation Report from Israel Innovation Authority here.