Israel’s academic institutions have contributed greatly to establishing and developing the local technology market. According to OECD data, Israel ranks third worldwide in percentage of the population with academic degrees:
49% of the population has an academic degree and approximately one-third of these graduates hold degrees in engineering and technological fields.
Israel is ranked third for the quality of its scientific research institutes and leads the category for percentage of researchers (number of R&D scholars in relation to the population).
The flow of knowledge from the academic institutions, combined with the migration of excellent students and researchers from the academic institutions to the private- commercial sector, guarantee the success of the industry.