The World Economic Forum’s global competitiveness report has released some remarkable news that Israel is the second most innovative nation in the world. The finding is based on WEF data that ranks international competitiveness according to 12 specific criteria. In the category of innovation, the “startup nation” comes in second place, only behind Switzerland. Even the U.S., Germany, and Japan fall behind the Jewish State in a study of 138 countries.
Results for Israel according to other economic barometers of success were also very positive: the nation came in second in “venture capital availability” and third for both the quality of its research institutions and for R&D collaboration between universities and industry.
Israeli Prime Minister Benjamin Netanyahu released the following congratulatory statement: “Israel is a nation that sanctifies innovation, and even though we’ve achieved great heights, we cannot stop now and will continue to climb.”
-www.virtualjerusalem.com, 19 January 2017
Commentary: Mr. Netanyahu rightly stated: “…and will continue to climb.” That corresponds to Deuteronomy 15:6: “For the Lord thy God blesseth thee, as he promised thee: and thou shalt lend unto many nations, but thou shalt not borrow; and thou shalt reign over many nations, but they shall not reign over thee.”