{"id":2598,"date":"2023-05-31T09:44:13","date_gmt":"2023-05-31T09:44:13","guid":{"rendered":"https:\/\/innovationisrael.org.il\/en\/?page_id=2598"},"modified":"2023-05-31T09:44:14","modified_gmt":"2023-05-31T09:44:14","slug":"high-tech-output-from-engine-to-railcar","status":"publish","type":"page","link":"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/","title":{"rendered":"High-Tech Output \u2013 From Engine to Railcar"},"content":{"rendered":"\n<p><strong>For decades, the Israeli high-tech industry was considered the growth engine of the Israeli economy. Indeed, in the past, high- tech output grew at a significantly higher pace compared to other sectors, leading the overall GDP growth of the Israeli economy.<\/strong><\/p>\n\n\n\n<p>Commissioned by the Authority, the Central Bureau of Statistics computed updated data about high-tech output (2019 data is still not complete), presented in Figure 1.3. The data suggests that in recent years, high-tech output growth was in line with overall GDP growth. The Israeli high-tech industry is no longer a \u201cgrowth engine\u201d. It is now one of many railcars, growing at a similar pace to other sectors.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/innovationisrael.org.il\/files-en\/inline-images\/1.3.jpg\" alt=\"Figure 1.3: Annual Growth Rate, GDP and High-Tech (1996-2019)\" width=\"619\" height=\"302\"\/><\/figure><\/div>\n\n\n<p>Figure 1.4 presents the growth of high-tech output by sub-sector, and indicates that the high-tech commodities sub-sector is the main source of the slowdown in high-tech output. Figure 1.4 also shows that since 2013, while software and R&amp;D output continues to grow at a higher pace than to the GDP, the output of high-tech goods has been declining and growing at a slower pace than the GDP.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/innovationisrael.org.il\/files-en\/inline-images\/1.4.jpg\" alt=\"Figure 1.4: Growth Rate, GDP and High-Tech Subsectors (2008-2019)\" width=\"709\" height=\"354\"\/><\/figure><\/div>","protected":false},"excerpt":{"rendered":"<p>For decades, the Israeli high-tech industry was considered the growth engine of the Israeli economy. Indeed, in the past, high- tech output grew at a significantly higher pace compared to other sectors, leading the overall GDP growth of the Israeli economy. Commissioned by the Authority, the Central Bureau of Statistics computed updated data about high-tech [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"class_list":["post-2598","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>High-Tech Output \u2013 From Engine to Railcar - English Innovation Site<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"High-Tech Output \u2013 From Engine to Railcar - English Innovation Site\" \/>\n<meta property=\"og:description\" content=\"For decades, the Israeli high-tech industry was considered the growth engine of the Israeli economy. Indeed, in the past, high- tech output grew at a significantly higher pace compared to other sectors, leading the overall GDP growth of the Israeli economy. Commissioned by the Authority, the Central Bureau of Statistics computed updated data about high-tech [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/\" \/>\n<meta property=\"og:site_name\" content=\"English Innovation Site\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-31T09:44:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/innovationisrael.org.il\/files-en\/inline-images\/1.3.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/\",\"url\":\"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/\",\"name\":\"High-Tech Output \u2013 From Engine to Railcar - English Innovation Site\",\"isPartOf\":{\"@id\":\"https:\/\/innovationisrael.org.il\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/innovationisrael.org.il\/files-en\/inline-images\/1.3.jpg\",\"datePublished\":\"2023-05-31T09:44:13+00:00\",\"dateModified\":\"2023-05-31T09:44:14+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/#primaryimage\",\"url\":\"https:\/\/innovationisrael.org.il\/files-en\/inline-images\/1.3.jpg\",\"contentUrl\":\"https:\/\/innovationisrael.org.il\/files-en\/inline-images\/1.3.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/innovationisrael.org.il\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"High-Tech Output \u2013 From Engine to Railcar\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/innovationisrael.org.il\/en\/#website\",\"url\":\"https:\/\/innovationisrael.org.il\/en\/\",\"name\":\"English Innovation Site\",\"description\":\"Just another Innovation Authority Sites site\",\"publisher\":{\"@id\":\"https:\/\/innovationisrael.org.il\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/innovationisrael.org.il\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/innovationisrael.org.il\/en\/#organization\",\"name\":\"English Innovation Site\",\"url\":\"https:\/\/innovationisrael.org.il\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/innovationisrael.org.il\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/innovationisrael.org.il\/en\/wp-content\/uploads\/sites\/3\/2022\/11\/cropped-menu-logo.png\",\"contentUrl\":\"https:\/\/innovationisrael.org.il\/en\/wp-content\/uploads\/sites\/3\/2022\/11\/cropped-menu-logo.png\",\"width\":129,\"height\":36,\"caption\":\"English Innovation Site\"},\"image\":{\"@id\":\"https:\/\/innovationisrael.org.il\/en\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"High-Tech Output \u2013 From Engine to Railcar - English Innovation Site","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/","og_locale":"en_US","og_type":"article","og_title":"High-Tech Output \u2013 From Engine to Railcar - English Innovation Site","og_description":"For decades, the Israeli high-tech industry was considered the growth engine of the Israeli economy. Indeed, in the past, high- tech output grew at a significantly higher pace compared to other sectors, leading the overall GDP growth of the Israeli economy. Commissioned by the Authority, the Central Bureau of Statistics computed updated data about high-tech [&hellip;]","og_url":"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/","og_site_name":"English Innovation Site","article_modified_time":"2023-05-31T09:44:14+00:00","og_image":[{"url":"https:\/\/innovationisrael.org.il\/files-en\/inline-images\/1.3.jpg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/","url":"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/","name":"High-Tech Output \u2013 From Engine to Railcar - English Innovation Site","isPartOf":{"@id":"https:\/\/innovationisrael.org.il\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/#primaryimage"},"image":{"@id":"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/#primaryimage"},"thumbnailUrl":"https:\/\/innovationisrael.org.il\/files-en\/inline-images\/1.3.jpg","datePublished":"2023-05-31T09:44:13+00:00","dateModified":"2023-05-31T09:44:14+00:00","breadcrumb":{"@id":"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/#primaryimage","url":"https:\/\/innovationisrael.org.il\/files-en\/inline-images\/1.3.jpg","contentUrl":"https:\/\/innovationisrael.org.il\/files-en\/inline-images\/1.3.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/innovationisrael.org.il\/en\/high-tech-output-from-engine-to-railcar\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/innovationisrael.org.il\/en\/"},{"@type":"ListItem","position":2,"name":"High-Tech Output \u2013 From Engine to Railcar"}]},{"@type":"WebSite","@id":"https:\/\/innovationisrael.org.il\/en\/#website","url":"https:\/\/innovationisrael.org.il\/en\/","name":"English Innovation Site","description":"Just another Innovation Authority Sites site","publisher":{"@id":"https:\/\/innovationisrael.org.il\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/innovationisrael.org.il\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/innovationisrael.org.il\/en\/#organization","name":"English Innovation Site","url":"https:\/\/innovationisrael.org.il\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/innovationisrael.org.il\/en\/#\/schema\/logo\/image\/","url":"https:\/\/innovationisrael.org.il\/en\/wp-content\/uploads\/sites\/3\/2022\/11\/cropped-menu-logo.png","contentUrl":"https:\/\/innovationisrael.org.il\/en\/wp-content\/uploads\/sites\/3\/2022\/11\/cropped-menu-logo.png","width":129,"height":36,"caption":"English Innovation Site"},"image":{"@id":"https:\/\/innovationisrael.org.il\/en\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/innovationisrael.org.il\/en\/wp-json\/wp\/v2\/pages\/2598"}],"collection":[{"href":"https:\/\/innovationisrael.org.il\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/innovationisrael.org.il\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/innovationisrael.org.il\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/innovationisrael.org.il\/en\/wp-json\/wp\/v2\/comments?post=2598"}],"version-history":[{"count":1,"href":"https:\/\/innovationisrael.org.il\/en\/wp-json\/wp\/v2\/pages\/2598\/revisions"}],"predecessor-version":[{"id":2599,"href":"https:\/\/innovationisrael.org.il\/en\/wp-json\/wp\/v2\/pages\/2598\/revisions\/2599"}],"wp:attachment":[{"href":"https:\/\/innovationisrael.org.il\/en\/wp-json\/wp\/v2\/media?parent=2598"}],"wp:term":[{"taxonomy":"categories","embeddable":true,"href":"https:\/\/innovationisrael.org.il\/en\/wp-json\/wp\/v2\/categories?post=2598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}