Israel’s Exceptional Workforce
Israel enjoys one of the most highly educated, entrepreneurial and multi-cultural workforces in the world. It is no wonder that so many profitable innovations come from Israel, which boasts one of the highest number of patent filings per capita. Israel enjoys one of the highest ratios worldwide of skilled engineers in the workforce, according to the 2012 WEF Global Competitiveness Yearbook.
Highly Educated & Trained Professionals
Made up of 135 scientists for every 100,000 workers, the highest proportion in the world, Israel leads the world in the quality of its work force. Israeli scientists are educated both at Israel’s own excellent institutions of higher education, and abroad, at some of the world’s top universities. The quality of Israel's own scientific research institutions is ranked 1st in the world by the WEF (2012).
Further evidence of the excellence of Israel’s scientific institutions is provided by the number of Nobel Laureates. Four Israeli chemists won the Nobel Prize in the last decade including Daniel Shechtman who received the honor in 2010 for his discovery of quasicrystals and Ada Yonath in 2009, who demonstrated how ribosomes function. Mathematician Robert J. Aumann received the 2005 Nobel Prize in Economics for explaining conflict and cooperation by means of game theory.
Israel is noted for its entrepreneurial spirit, enabling it to quickly transform start-up companies into profitable and competitive companies. This is evident by the fact that apart from Silicon Valley, the highest concentration of high-tech companies in the world is found in Israel, with 4,000 businesses.
The successful start-up community is supported by the world's 5th largest venture capital market, as ranked by the IMD Word Competitiveness Report 2012-13. This spirit extends not only to running independent businesses, but also to patent registration. Israel is ranked 4th in the world for number of utility patents per capita by the WEF (2012) and leads the world in patents for medical equipment.
This is, in part, due to Israel's government policy which encourages the transfer of knowledge form academia to industry. In fact the WEF, ranked Israel 8th in the world for its research collaboration between university and industry. This close collaboration has successfully converted research into successful, profitable businesses.
Israel's highly educated populace comes from over 100 countries across five continents. This results in a multi-lingual and multi-cultural by definition. In addition to Hebrew and Arabic, Israel’s two official languages, many Israelis are fluent in English, as well as other languages such as French, German, Italian, Russian, Chinese, Spanish and many more.