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Israelis are justifiably proud of their country’s high technology industry. It is a testament to their entrepreneurial abilities and a source of well-paid employment. It has attracted tens of billions of dollars in foreign investment and is environmentally friendly. It’s the industry of the future in which Israel is not only globally competitive but, in terms of pure innovative prowess, one of the world’s leading countries. ‘Start-Up Nation,’ as the sector has come to be called, is the envy of much of the world.
What most Israelis don’t appreciate is that technology is also a source of global political power in a way that was unimaginable a decade or two ago. That is most obviously manifested in Israel’s growing relationships with the world’s up-and-coming powers, including China and more recently India. In addition, Israel’s research and development capabilities, and the presence of some 300 multinational companies in Israel, has put the country in a central position in the global technology supply chain that makes the efforts of the Boycott, Divestment and Sanctions (BDS) movement all but hopeless. Read more.
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