Israel sets an example of how a vibrant ecosystem can become a global leader in innovation – through smart investing, education and dedication.
In his DLD23 talk, Amiram Appelbaum, Chief Scientist and Chairman of the Board of the Israel Innovation Authority, explains how Israel managed to become a global powerhouse in technologies like artificial intelligence, smart water management and security solutions.
One of the keys to success is the government stepping in when private investors hesistate to finance founders with promising ideas.
“Disruptive technology, that’s what we are looking for”, Appelbaum says. “Disruptive technologies that most CEOs will not invest in. We, the government, are willing to take the risk.”