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IATI - Israel Advanced Technology Industries
IATI - Israel Advanced Technology Industries
IATI News & Events Daily Industry News Eric Schmidt: Israel has huge science, technology impactlob

Eric Schmidt: Israel has huge science, technology impactlob

Jun. 15, 2015

“Israel is thriving in terms of innovation because you have a culture that makes it possible to question authority and to challenge everything - you don’t follow the rules,” said Google Chairman Eric Schmidt speaking before hundreds of students and researchers at the Weizmann Institute of Science. Schmidt’s speech was first quoted in “Yediot Ahronot.”

Schmidt is currently on a short visit to Israel. He arrived at the meeting at Weizmann with executives of the investment firm he heads,Innovation Endeavors, which has been one of the most active investment funds in Israel in recent years.

Schmidt further expressed his admiration for Israel: “The influence that Israelis have on science and technology is tremendous; that’s why I’m here, and that’s why I invest here.” Schmidt also said that, in the modern world, innovation and establishing new companies are necessary in order for an economy to grow.

For the full Globes news item click here.

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