Why Israel is world's tech powerhouse

Many, if not all developed countries have established technology hubs. Similarly, Israel has a tech start-up scene that is providing a backbone to Israel's economy.

In the USA the silicon valley is a tech hub, In China its Shenzhen, and n UK London serves as the tech hub capital for Europe. However, in some countries, the tech hub is not located in one place but spread over the whole nation.

Israel tech startup scene

Israel tech startup is one of the fast-growing scenes is the country and provided Israel with, what can be called an 'economic miracle'. It is unbelievable how a middle eastern country is one of a high tech hub.

According to data.worldbank, in 2015 Israel spend 4.4% of its GDP on R&D. Which is more than any country on OECD, and is continue to be one of the globe's best performer in tech.

 According to the World Economic Forum, between 1999 and 2014 more than 10,000 tech companies were found, with 2.6% of annual revenue which exceeds $100 million. Some companies have become billion-dollar companies such as traffic app Waze which was acquired by Google.

Israel's force towards tech education

Israel is promoting the tech world to prospective students through different initiatives, and the results are striking. Israel has seen over the past ten years in the increase of students in computer sciences.

This represents the reversal of educational trends. For years, social science was the largest field of study in Israel and considered the sought-after major. Now, Engineering has over-taken the social sciences.

According to CHE, Business administration and the law were the most studied and desirable courses over the last 10 years, but the recent data is showing a 20 to 25% drop in enrollment, and high-tech programs are growing.

Reasons for Israel's favor toward tech

Israel is the nation of mostly Jews, Circassians and Druze are among minorities. while the Jews, as the history showed always struggled for their survival, as they were mostly slaved and had no land of their own. They were kicked out from societies time to time, from the time of Hazrat Musa to the recent times in Germany.

When the world was revolutionized by technology, and the tech gave power and economic stability to countries. Israel's time was finally here because the tech is a miracle, which needs no land it is in clouds. One thing which was always a dilemma for Jewish people 'The land', and at last, the technology is here which is independent of land.

So, Israel with different initiatives bridged its efficient business policies with tech and became world's largest and fastest-growing tech powerhouse. This world is dependent on techs, like fish in the ocean and Israel is on the throne of the ocean.