Stalled growth in employment rates and slowing high-tech industry see Israel's Global Innovation Index ranking slip to 22nd place from 15th, says Finance Ministry chief economist • New report urges introduction of comprehensive policy to remedy situation.
Israel's position as a leading global innovator has been compromised and it can no longer be considered a "startup nation," Yoel Naveh, the Finance Ministry's chief economist, said in an economic review released on Sunday.
Image: "The lack of skilled personnel in the high tech sector is unlikely to resolve itself," new report warns (illustrative) | Photo credit: Reuters
