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Group Project - Explanation
Group Project - Explanation
Group Project - Explanation
When the world began shifting from innovating hardware to focusing more on the
innovation of software, was when Israel began experiencing a boom in their computer software
industry. According to Shteinbuk Israel has almost 140 scientists and technicians per 10,000
employees, which is one of the highest ratios in the world. To compare, in the United States there
are around 85 techs per 10,000 and in Japan there are closer to 83 per 10,000 (2011). Not only
that, but in 2019 the Bloomberg Innovation index listed Israel as the fifth most innovative
country in the world (These are the world’s most innovative countries, 2019). Even with the
most intelligent minds per square inch, Israel’s government encourages innovation by promoting
low rate loans. Israel is so prominent in there influence on innovation that many companies have
created a base in Israel’s tech zone. Examples being Intel, Google, Apple Inc., Motorola, and
Amazon. Essentially all major sellers of today’s technology, in some way, operates a portion of
its business out of Israel. It is said that close to 59 foreign research and development centers are
As mentioned above Israel has their own version of the United States’ Silicon Valley
called Silicon Wadi. From this area came the RAD group, founded by two brothers, Yehuda
Zisapel and Zohar Zisapel in 1981. Due to mostly this group Silicon Wadi “…has been coined
the most fertile ground for creating Israeli entrepreneurs… having produced 56 "serial
entrepreneurs" who established more than one start-up each …RAD Group graduates were
responsible for the establishment of a total of 111 significant high-tech initiatives” (The Marker,
2012). Just how important this area is to the computer software industry was recognized in the
Wired magazine in 2000. Proving Just another reason Israel has become one of the leading
References
Shteinbuk, Eduard (22 July 2011). "R&D and Innovation as a Growth Engine" (PDF). National
"These Are the World's Most Innovative Countries". Bloomberg.com. Retrieved 24 January
2019.
"The Mother of the Start-Ups: The RAD Group Gave Birth to 110 Companies". The Marker. 18
January 2012.