Israel tops the world at investment in civilian R & D out of the total GDP

The Science and Technology Committee hosted two government ministries, hi-tech entrepreneurs, industrialists and many guests for a special review of the new authority, which began operating last year under the Ministry of Economy. The Innovation Authority, aimed at promoting and increasing innovation in high-tech. The Director General of the Authority, Mr. Aaron Aharon, spoke about the grants and assistance granted by the Authority to companies and research and development centers, and explained in a detailed presentation the following tasks of the Authority.
 
The meeting was opened by committee chair MK Uri Maklev: "One of the great things in the important activity of the Authority is that we are now seeing the future as well, and the very establishment of the Authority is an innovative approach by the State of Israel to lead and provide the right resources for all technological innovations. We are constantly seeing that the successes in high-tech are not necessarily for academics - for example, those who have studied Cyber ​​in professional courses and also contribute greatly to innovation Therefore, the PA's goal should also be on it And enable them to support and help increase the professions suited for such studies. "
MK Eyal Ben-Reuven said at the meeting: "When you hear the wonderful review of how technological innovations raise the product and help the market, we must also think about how not to harm the industrialists and the physical manpower. In addition, despite all the investment, the situation today is that many young people are abandoning us, and this is especially true in the north of the country. The young employees in the norths are excellent and they study at the colleges all the technological subjects, but they have nowhere to go to work and they flee to Tel Aviv area or Berlin, Germany. We need a broad perspective on this issue in order to know where to invest the state in high-tech. We have to see how, at the same time, we are strengthening the periphery. "

Aharon Aharon, the Director General of the Authority for Innovation, presented the details of the expenditure on civilian R & D in the world, indicating that Israel is the first country in the world to invest in civilian R & D out of the total GDP. "Even without a leading company," said the CEO, "2017 was a record year for national high-tech, almost double the previous year, which is a huge thing for the Israeli economy."
In the list of achievements noted by the Director General of the Authority for Innovation.
The Authority's tasks are to promote innovation, investing only in a place that has economic value at the end, something that can be traded. Growth should indeed be inclusive and include all populations in Israel, geographically as well. And sustainable - over time. Every company that comes to us, we examine its qualities in three key components: the quality of innovation, whether innovation can be realized to a sustainable product and whether the staff is responsible for it and knows how to do the job right.
The chair of the committee, MK Uri Maklev, summed up the meeting: "We should not rest on our laurels, and we must see where else we can further expand the scope ... We will continue with further discussions in the committee on the questions presented here. An integrated entity that will work in partnership with the Authority and will see the state's investment funds in high-tech as well as the other needs.