Wednesday, August 20, 2008

Israel biggest spender on R&D and Education

Israel tops the OECD in terms of civilian R&D expenditure as a proportion of GDP, the Central Bureau of Statistics reported today. Israel spent NIS 31.5 billion on civilian R&D expenditure, 4.7% of GDP. The OECD average was 1.7% of GDP; Japan and South Korea each spent 3.2% of GDP on R&D, and the US spent 2.2%.
Israel's civilian R&D expenditure was 4.6% in 2006. In fixed prices, Israel's expenditure on civilian R&D rose by 7.2% in 2007, over the year before, after rising by 3.3% in 2006 and 4.5% in 2005.

In the water sector, I am feeling this effort. I am now teaching about 30 academic professional paid by the Ministry of Industry. I am flooded with offers of financing any original research or start ups in the water industry. Once I started and my project was approved, but I lack constancy.

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