Israel is known globally as a leading country for innovation
Israel has emerged as a globally recognized country that invests an exceptional amount in research and development. The country's capacity for innovation is world-class, which is particularly evident in the fields of technology and science.
According to statistics, Israel spends a larger share of its gross domestic product on research and development than any other nation in the world. This strong commitment has made the country an attractive destination for many large international companies.
More than 450 major international companies have invested in operations in Israel to benefit from the country's expertise and innovation environment. These companies are developing new solutions in the country that impact global markets.
From a Finnish perspective, Israel's development offers interesting opportunities for cooperation. The importance of innovation for economic growth is a shared goal, and technological exchange between the countries can promote the expertise of both parties in the future.