Israel's Technology Grows Stronger, and Its Territory Expands

iNote- Israel's Expanding Territory

Today, the Hangzhou Asian Games concluded, and an Asian country that couldn’t participate once again became the focus of the world: Israel. Israel couldn’t attend the Asian Games because it’s not a member of the Olympic Council of Asia. Israel is now in the global spotlight because Hamas launched a surprise attack on Israel. The Middle East powder keg has reignited, and the Jewish people surrounded by Muslims face a grim situation this time.

Israel is like Wakanda in the movie Black Panther, with a level of technological development that is out of place in its region. Particularly in IT, BT, and Agritech, it remains far ahead. Israel ranks third in the number of companies listed on the NASDAQ, following only the United States and China.

Israel leads the world in agriculture, especially in water-saving technology, where it stands alone. Netafim, an Israeli company, is the most renowned leader in agricultural irrigation. The development of these technologies stems from two factors: Israel’s harsh natural conditions, which force the country to prioritize water conservation, and Israel’s excellent engineers, who provide powerful momentum for technological innovation. Additionally, Israel Chemicals Ltd. is a global leader in potassium, phosphate, and specialty fertilizers. Israeli agricultural technology companies consider China a key market and engage in many business ventures and collaborations there.

Behind Israel’s cutting-edge technologies are numerous top-tier scientists, engineers, and business leaders, forming Israel’s unique business model. This was mentioned in Learn from the Israelis and Do Global Business. While we complain about business difficulties daily, Israelis continue to innovate and do global business, even with a nearly empty domestic market. Small companies with just a dozen people can sell their products to dozens of countries — it’s impressive.

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Published on 2023-10-08, Updated on 2024-11-07