The Technion-Israel Institute of Technology is the leading institution for empirical inquiry in Israel. With over 50 scientific research centers, this school has spearheaded Israel’s transformation into one of the leading science centers in the world.
Three Nobel Laureates teach the 9,529 undergraduate, 2,384 masters, and 943 doctorial students. Over 70 percent of both the nation’s founders and managers of high-tech industries graduated from Technion.
This has led to incredible development. Israel now has the highest density of high-tech start-up companies anywhere in the world outside Silicon Valley. Eighty percent of Israel’s NASDAQ companies are run by Technion graduates. As a result, 54 percent of Israel’s exports and 26 percent of its imports are now in the high-tech sector.
Israel now has the highest percentage of engineers or scientists of any nation in the world, with 135 out of every 10,000. By way of comparison, the U.S. comes in at a distant second, with 85 out of 10,000. Israel also has nearly doubled the percentage of its workers who are pursuing research and development—which is also almost double what either the U.S. or Japan produces.
It looks as if Israel will remain at the forefront of science for the foreseeable future—and Technion will remain at the forefront of Israel.
