Israel is a world innovation leader, boasting world-class innovation skills, capabilities, and performance. The country’s business research and development spending is among the highest of OECD countries, and its high-tech firms attract massive amounts of venture capital. Israel also demonstrates an impressive ability to develop and benefit from niche capacities in its innovation ecosystem, such as its CyberSpark research park—home to multinational technology companies that are investing in and revolutionizing the future of cyber security.
Based on research and a study tour exploring Israel’s innovation ecosystem, Understanding Israel’s Innovation Ecosystem: Lessons Learned From a World Innovation Leader aims to help Canadian innovation executives, policy-makers, and leaders learn from Israel’s experiences by offering insights into the cultural and historical circumstances, and policy choices, that help to explain Israel’s innovation success. It also identifies strategic and policy recommendations that Canada can consider adopting or adapting to enhance its own innovation capacity and performance.