Opening Remarks

As we do each year, the Israel Innovation Authority is proud to present its annual report outlining the current state of the Israeli innovation industry. This year’s situation report differs from previous years due to the structural changes that have occurred in the global economy in general and, specifically in the Israeli economy. These developments […]

Introduction and Main Points:

2022 meets high-tech at an interesting intersection: on the one hand, following a decade of record achievements and prosperity, the industry is increasingly strengthening its standing as one of the Israeli economy’s central sectors. On the other hand, the capital market is cooling down, a war is raging in Ukraine, and the sanctions imposed on […]

Part A: Israeli High-Tech 2022 Situation Report

High-tech exports exceed half of all Israel’s exports for the first time – but the technology companies’ value is declining Israeli high-tech continued to prosper and to constitute the economy’s primary growth engine during the past year. The product of the high-tech sectors grew by more than 10% in 2021 and stood at 237 billion […]

Part B: What Will Enable the Next Quantum Leap of Israeli High-Tech?

The Next Quantum Leap of Israeli High-Tech: It seems as if Israeli high-tech has existed forever, but it is actually one of the younger sectors of the local economy. In a relatively brief period over the past few decades, Israeli high-tech has established itself as a significant factor in the local economy, not only contributing […]

Appendix: Activity of the Israel Innovation Authority’s Divisions

In 2021, the Innovation Authority's divisions implemented a wide range of measures aimed at advancing the growth of the Israeli innovation ecosystem. This chapter presents the main activity of the various divisions during 2021 and the way in which they translated the Authority's policy into action and specific policy tools.