To help government regulation adapt to the rapidly changing technology, the World Economic Forum founded a network of Centers for the Fourth Industrial Revolution (C4IR). This network aims to create and to share knowledge, experience and best practices related to innovative technologies’ regulation by establishing collaborations between governments, leading corporations, private sector, and experts from around the world.
The C4IR network began operation in San Francisco in 2017 and operates centers in China, Japan, and India. Alongside the official centers, there are other countries that joined as ‘Affiliate Centers’ including South Africa, Colombia, Brazil, the UAE, Norway, and Saudi Arabia.
In January 2019, as part of Government Resolution No. 4481, it was decided that the State of Israel would join the C4IR. Accordingly, in August 2019, the Innovation Authority established the Israeli Center for Regulation of Innovative Technologies that serves as an Affiliate Center in the C4IR network.
Participation in the network will enable to advance the readiness of the Israeli market to new technologies, specifically innovative disruptive technologies that will significantly influence life in Israel. The Israeli center will work with local regulators to assist them in adopting flexible and innovative regulations that are suitable for technological developments and that allow for the promotion of innovation, research and improved services while preserving public interests (such as safety and privacy).
The Innovation Authority believes that creating a flexible, innovative regulation environment that is adapted to technological developments provides a significant opportunity to advance an innovation ecosystem for growing technologies. This environment is necessary for the Israeli high-tech industry to be able to maintain its leading technological position in these fields but also to enable the State of Israel to provide its citizens with the tremendous benefit promised by technological progress.
The Israeli Center, established in 2019, promotes technological fields at the heart of the International Center’s (C4IR – WEF) activity, the development and application of which influence productivity and growth in the State of Israel. The Center promotes collaborations with the Ministries of Transport, Health and Justice in the fields of regulation of smart transportation, autonomous vehicles and drones, and in fields of Artificial Intelligence and information economics.