Israel has become Silicon Valley’s single serious competitor. This explosion in Israel’s competitive edge would not have been possible without the Technion-Israel Institute of Technology. The applied research at the university produces pioneering technologies that are translated into high-tech exports, most often by its own graduates.
Technion Business Connection
More than 70 percent of Technion graduates are employed in the high technology sectors that drive Israel’s economic growth.
The Technion is one of the “Top 10 Colleges for Tech CEOs,” according to an August 2013 report by Bloomberg Rankings. The Technion (tied for #7) is the only university outside of the U.S. on the list, which was compiled by looking at the CEOs of 250 U.S. companies with a market value of $1 billion and above, and determining the university at which those CEOs studied.
Nearly 96,000 graduates have launched, lead and grow Israel’s major companies, including 59 of the 121 high-tech Israeli companies on the NASDAQ. These companies originating from the Technion have a market value (as of November 2010) in excess of $28.2 billion. (figures as of 2012. Source: Technion Nation)
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