Chairman and CEO

Last year (2022) and the beginning of 2023 have been a complex and challenging period for the global economy, for the Israeli economy and, consequently, for Israeli high-tech. As 2023 began, the cheap state-funded capital provided worldwide to contend with the Covid pandemic “disappeared”, the Russia-Ukraine war broke out triggering extensive economic sanctions against Russia, […]

Introduction and Highlights

Following more than a decade of growth and prosperity in Israeli high-tech, this year’s annual Innovation Authority report is being published during a challenging period, one characterized by uncertainty for the Israeli high-tech industry. During the previous quarters, the positive trend that typified the industry over recent years was replaced by a decline in important […]

High-Tech's Contribution to the Economy

Israeli High-Tech 2023 – A Situation Report The past decade has witnessed an increase in the importance of the high-tech sector to the Israeli economy. Even prior to that, high-tech was regarded as “the growth engine” of the Israeli economy, however an analysis of data from the last decade reveals that the sector has grown […]

How Many Israelis Really Work in High-Tech?

For the first time, this year’s report presents data that reveals the number of Israelis working as salaried employees in technology positions in Israel, both in the high-tech sector and in other sectors. The data relates to salaried employees in the high-tech sector, both in technology and non-technology jobs, and in technology jobs in other […]

A Global Comparison

A Global Comparison: High-tech in Israel Relies Almost Entirely on the Private Sector, and Primarily on Foreign Investors The Israeli innovation ecosystem is in direct competition with other hubs around the world for human resources, investments, and innovation infrastructures. It is important therefore to examine high-tech’s contribution to the Israeli economy not just in comparison […]

Decline in Establishment of New Startups

Is the Decline in the Number of New Startups Creating a Problem for the Israeli Economy? The introduction of the iPhone in 2007, the lower prices of cloud services, and further technological and economic changes, brought about a global growth in the rate at which new startups have been opened. Until approximately 2015, there was […]

Investments and Recruitments: Fintech - Climate

Israeli high-tech has enjoyed phenomenal growth in startups’ funding over the past decade. Looking at the entire decade, the investments in Israeli startups grew five-fold between 2013-2023, totaling 95 billion dollars. These investments enabled the startups to remain independent over time without the need to perform a quick exit, to establish and develop sustainable businesses, […]

A Superpower of Org. SW, Fintech and Cyber

The technology companies established over the past decade operate primarily in three prominent fields: organizational software, fintech, and cyber. These three fields seem to spearhead Israel’s high-tech and are of main interest in terms of entrepreneurship and investments in Israeli high-tech, as detailed further down this chapter. In short, the findings of studies we’ve conducted revealed […]

The Climate Crisis

The climate crisis is one of the largest challenges threatening our planet’s future and the future of mankind. The UNFCCC – the United Nations Framework Convention on Climate Change – designated national goals for reducing greenhouse gas emissions and preventing man-made damage to the atmosphere. To meet these goals, the different countries and the corporate […]

Government's investment choice

Does the State Take More Risk with Investments in Startups Than the Private Sector? The decline recorded over recent years in investments in startups in Israel stems, among other things, from them being fields that are characterized by long and expensive development processes until products or services are released onto the market and by high […]

Appendix

The Israel Innovation Authority endeavors to provide a solution to the different challenges facing the Israeli innovation hub via three operational units called “divisions”. Each division is mission oriented and offers a unique toolbox that is adapted to the different challenges inherent in the various stages of the technological lifecycle. The Innovation Authority’s divisions undertook […]