{"id":57,"date":"2022-11-14T10:31:26","date_gmt":"2022-11-14T10:31:26","guid":{"rendered":"https:\/\/innovationisrael.org.il\/en\/?page_id=57"},"modified":"2023-11-26T11:42:44","modified_gmt":"2023-11-26T11:42:44","slug":"about-the-innovation-authority","status":"publish","type":"page","link":"https:\/\/innovationisrael.org.il\/en\/about-the-innovation-authority\/","title":{"rendered":"About the Innovation Authority"},"content":{"rendered":"
The State of Israel considers innovation to be a valuable resource and a necessary element for ensuring the economic prosperity of the Israeli economy. The Innovation Authority is an independent statutory authority charged with promoting innovation as a lever for inclusive and sustainable economic growth in Israel. In more detail, the Authority’s tasks are to preserve and strengthen Israel’s technological leadership and entrepreneurial culture, and to increase the economic value these bring to the Israeli economy, by contributing to output and exports, by creating quality employment, and by preserving the State of Israel’s place at the forefront of global innovation.
The Authority formulates a policy for the realization of the mission and carries it out through support tracks and diverse funding and assistance tools. In addition, the authority advises the government and the Knesset committees regarding innovation policy in Israel, monitors and analyzes the changes in the technological innovation environment in Israel and abroad, and creates collaborations with other authorized authorities around the world to help promote technological innovation in industry and the Israeli economy.<\/p>\n<\/div><\/div>\n\n\n\n