Israel: Middle East innovation Silicon Valley helps share economy

With an area of more than 20000 square kilometers and a population of more than 8 million, Israel is known as the "innovative Silicon Valley in the Middle East". In this atmosphere of technological innovation, the emerging mode of sharing economy is also developing in full swing.



Typical enterprises of sharing economy in Israel



Israel's scientific and technological innovation ability helps share economic development


Rich entrepreneurial atmosphere - there are 79 NASDAQ listed companies in Israel, ranking second only to the United States in the world. On average, one in 1844 Israelis is an entrepreneur.



Advanced venture capital - according to IVC Research Centre, the total capital of Israel's high-tech industry in 2014 increased by 46% year-on-year, reaching a record high of $3.4 billion, more than double that of 2010.



Innovation power - more than 250 multinational technology companies around the world place R & D centers in Israel. On average, there are 140 technicians or engineers in every 10000 employees.


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