Innovative region: Israel
Israel has the largest number of startups per capita in the world, according to consulting firm Deloitte, which explained that factors such as Israel’s creative and flexible society and culture, technology entrepreneurs and investors’ global-first approach, strong economy and government support are contributing to the ecosystem’s success.
The country also produces the highest number of engineers per capita and has the world’s second-highest research and development (R&D) spending as a percentage of the gross domestic product (4.3%), Deloitte added in…
