Leveraging R&D

Over the past decades, Israel has enjoyed international status as a place where technological innovation can thrive. It has developed an impressive high-tech industrial sector based on advanced knowledge and technology, and is currently among the world’s ten most advanced countries in scientific/technological research.

However, there is a possibility that global competition in many R&D fields and lack of coherent public policy on R&D could weaken Israel’s current position in a few years time. The Israel 2028 plan outlines a number of key recommendations that could prevent this, including ensuring the availability of a technologically-trained labor force, enhancing the competitive free business environment, and promoting basic and applied research at universities to facilitate transfer to Industry.

To see all of the specific steps the Israel 2028 plan recommends to maintain, strengthen, and leverage the country’s R&D position, click here to review the relevant section of the plan.