In a July 24 Globe and Mail op-ed, University of Toronto President David Naylor writes about his recent trip to Israel in which the mission was “to understand how Israel has flipped its economy upside down in less than a generation. In the 1950s, 70 per cent of Israel’s exports were agricultural; today only 2 per cent are. Much of what Israel sells to the world now comes from high-tech companies based on discoveries at places like the Weizmann Institute of Science, the Israel Institute of Technology (the Technion) and the Hebrew University of Jerusalem.”
Naylor discusses how Israel has fostered the “creation of innovation-based companies with global reach,” with the support of its “main players” including government, universities and the private sector.
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