High-tech is a fast-paced industry, and as a result, reliable data is critical for formulating innovation policies. The current situation, where there is no accurate and up-to-date data, poses a significant challenge in crafting relevant policies.
To deal with this issue, we worked to establish a committee of the Central Bureau of Statistics in Israel led by Prof. Eugene Kandel, chairman of SNPI.
The purpose of the committee is to identify gaps in the available data, make recommendations for improvement and monitor the implementation process until an up-to-date and relevant database is created and maintained on an on-going basis. This database will be accessible to the decision-makers and will provide them with accurate and timely information to facilitate the formulation of an effective innovation policy.