Israel Is the 2nd Most Innovative Country In The World.

According to the World Economic Forum’s Global Competitiveness Report 2016-2017, which ranks countries’ competitiveness based on 12 categories, Israel is the second most innovative nation in the world.

With the largest number of startups per capita in the world, Israel is home to 2,000 startups that were founded in the past decade; another 3,000 small- and medium-size startup and high-tech companies; 30 growth companies; 50 large technology companies; and 300 R&D centers of  multinational corporations, according to a report released recently by Israel’s Innovation Authority.

“Thanks to two fruitful decades in the Israeli high-tech industry, we have reached unprecedented achievements,” Avi Hasson, Israel’s Innovation Authority Chairman and Chief Scientist, said in a statement. “If we invest in our high-tech industry, we will be able to promote faster growth.”

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