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The economy of Israel is a highly developed free-market economy. [23] [4] [24] [25] [26] The prosperity of Israel's advanced economy allows the country to have a sophisticated welfare state, a powerful modern military said to possess a nuclear-weapons capability with a full nuclear triad, modern infrastructure rivaling many Western countries, and a high-technology sector competitively on par ...
Israel has no specific legislation regulating the transfer of knowledge from the academic sector to the general public and industry. Nevertheless, the Israeli government influences policy formulation by universities and technology transfer by providing incentives and subsidies through programmes such as Magnet and Magneton, as well as through ...
Israel Advanced Technology Industries (Hebrew: האיגוד הישראלי לתעשיות מתקדמות) or IATI is the umbrella organisation of the hi-tech and life sciences industries in Israel, which includes venture capital funds, R&D centres of multinational corporations, local small and large companies, technological and business incubators, acceleration programs for startup companies ...
The Israel Innovation Authority (IIA) is the support and investment arm of the Israeli government, in charge of planning and executing the country’s innovation policy, promoting technological innovation and research and development (R&D) in the state of Israel.
The Israeli cybersecurity industry is a rapidly growing sector within Israel's technology and innovation ecosystem. Israel is internationally recognized as a powerhouse in the cybersecurity domain, with numerous cybersecurity startups, established companies, research institutions, and government initiatives.
Israeli Knesset, Jerusalem. The Prime Minister is the most powerful political figure in the country. Under sections 7 to 14 of Basic Law: The Government, the Prime Minister is nominated by the President after consulting party leaders in the Knesset; the appointment of the Prime Minister and cabinet is in turn confirmed by a majority vote of confidence from the assembled Knesset members. [4]
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It spans the Israeli coastal plain, and is cited as among the reasons why the country has become known as the world's "start-up nation" (see science and technology in Israel). [ 1 ] [ 2 ] The highest concentrations of high-tech industry in the region can be found around Tel Aviv , including small clusters around the cities of Raʽanana , Petah ...