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7

THE INNOVATION NATION

Innovation, or the process of introducing new ideas, devices and methods in order to

revolutionize an accepted concept, is today, more than ever, the driving force behind global

trends. Though innovation has had a transformative role in history for centuries, at no point

has its direct influence on humanity been greater than at the present. At the forefront of

global innovative trends is an unforeseen leader - a Middle Eastern country with a population

of 8 million – Israel, the world’s Innovation Nation.

When CEO and founder of Microsoft Bill Gates visited Israel in 2005, he was struck by the

richness of Israel’s technology sector, as well as its inherent diversity and creative energy.

“People in high tech are very aware that Israel – compared to its small size – has some

amazing technological achievements. There is a greater concentration of talented high tech

manpower here in comparison to other countries – almost to the extent of Silicon Valley,”

stated Gates during his visit. Though his comments were made over a decade ago, they still

ring true today, as Israel emanates its culture of risk-taking, entrepreneurship and innovation

like a beacon unto the nations.