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Israel with innovative and advanced technology is recognized as a globally industrialized country and works with the United States, Canada, Singapore, the United Kingdom and the EU as a major partner.
Ratio of Scientists 140 persons per 1 million No. 1 in the world
Companies on NASDAQ Approx.140 Companies No. 1 in the world (excluding U.S.& Canada)
Civilian R&D Expenditure App. 4.5% of GDP No. 1 in the world
Expenditure on Education App. 9% of GDP No. 1 in the world
US Patents Filed 2.04 per 10,000 No. 3 in the world
Israel has highly educated population, 24% have university degrees (ranking 3rd in the industrialized world behind the US and the Netherlands) with 12% of the population holding advanced degrees.

Israeli educational institutions are ranked highest in the world and have produced a workforce that leads the world in the number of scientists and technicians.

This young educated population has made Israel an attractive place for multinational tech-firms, such as Motorola, Intel, Digital Equipment, IBM and Microsoft to invest heavily creating jobs for. This has lead to a workforce comprising 25% of the top technical professions leading the world. There are 140 scientists and technicians per 10 ,000 workers, more than any other developed country.

In additionstrong cooperation and coordination between academia, industry & government are well organized in Israel Highly trained graduates of the Israel Defense Forces have spearheaded the high-tech industry; turning cutting edge defense technology into civilian applications.
Israel has world-class education institutions such as the Technion (Haifa), WeizmanInstitute of Science (Rehovot), Hebrew University (Jerusalem), Ben-Gurion University (Beersheva), Tel-Aviv University, Haifa University and Bar-Ilan University (Ramat Gan).

Established multinational companies are settled in Israel including Microsoft, Intel, Lucent Technologies, Motorola, IBM, Nortel, Unilever, Sony, Fuji, Toshiba, Brother, 3Com, Boeing, British Telecom, News Corp., Siemens, Samsung, Cisco Systems, Hewlett Packard and many more.

Microsoft built their first, and Cisco has built their only R & D facility, outside of the US in Israel. Motorola's Israel facility is the companies largest development center in the world. Intel has established two fabrication plants and a major R&D center in Israel.
Israeli government plays an important role in promoting industrial R&D projects in Israel. Government funding is significant for R & D projects in the form of conditional grant amounting to 50% of the approved R&D budget

Government provides;
- A competitive program of government grants for foreign investment in fixed assets.
- Grants available for sub-contract R&D work in Israel by foreign companies.
- Bi-National funds that provide funds for qualified research and development projects between partners between
  partner in Israel and the participating countries (eg: US, UK, Singapore, Europe, Korea, Canada)
- National priority zones for diversified geographic investments
- Industrial incubators are spread throughout the country focusing on advanced R & D. The incubators program
  offers support of up to 85% for the first two years.
Internet User
Internet penetration in Israel is still enjoying rapid growth. The number of people online grew by 26% from 1999 to 2000. While 40% of the populations are Internet users, 47% are male and 34% are female.
Telecommunications
Israel's recent deregulation and liberalization of its telecommunications market has successfully opened its markets to competitors. Since the introduction of competition, new services are being offered to enhance the IT industry. New infrastructure such as fiber optic and other optic cable lines have increased the transmission potential of data and information. Israel was able to improve its satellite capability with the launch of its second device in 2002 in order to provide more services to a greater population
The number of filed US Patent
Israel is acknowledged with its innovative and advanced technology worldwide by ranking third in terms of filing number of US patents.