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 the country’s economic growth. Technion alumni are 13 times more likely than the average Israeli to be working in R&D
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 42 of the 121 high-tech Israeli companies on the NASDAQ. These companies originating from the Technion have a market value (as of March 2015) of approximately $22 billion. (Source: Technion Nation, second edition, 2018)
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