Israeli Businesses Invest Heavily in the U.S. Economy
Israeli companies have increasingly looked to opportunities in the United States, investing more than $150 billion between 2010 and 2015. Israel is among the top 20 suppliers of direct investment into the United States. In fact, Israelis invested more than $25.1 billion in 2015 alone. And today, over 30 U.S. states have signed bilateral agreements with Israel in order to foster closer ties in fields like business, technology, agriculture, homeland security and energy.
Innovation Showcase introduced Policy Conference 2016 attendees to AlphaOmega.
Innovation Showcase introduced Policy Conference 2016 attendees to MobileODT.
"Israel is by many measures is the country relative to its population that’s done the most to contribute to the technology revolution. It’s almost like Silicon Valley."
In 1985, Israel became the first country to sign a free trade agreement with the United States. In the first decade of the agreement, trade between the two countries tripled from $3.9 billion to $12.4 billion per year. By 2014, bilateral trade more than tripled again, reaching $38 billion per year. Numerous bi-national programs allow American companies and universities to enhance collaboration with Israel's leading institutions and businesses. In addition, more than a dozen states have recognized the value of enhanced cooperation and signed R&D agreements with the Jewish state, including Massachusetts, Michigan and California.
A Shared Culture of Innovation
The United States and Israel share a culture of innovation. American heavyweights such as Intel, Motorola and Google have capitalized on Israel’s entrepreneurial spirit and world-class talent pool, establishing major R&D centers throughout the country. With the most scientists, technicians, start-ups and published scientific papers per capita in the world, Israel has become the preeminent foreign outpost for computer technology, telecommunications and software industries, with roughly 200 U.S. companies active in Israel. More Israeli companies are traded on the NASDAQ than any country after the United States and China.