| Summary: | This case study of Israel's ICT sector
highlights the important role of the government in the emergence of Israel as a
power house of high-tech in information and communications technology, by laying
the foundations for private industry to support innovation, and through heavy
investment in building the much-needed human capital resource. The main
strategic asset is human resources. The quality of human capital is essential to
innovation and economic growth. Skilled human resources are the most strategic
assets in the knowledge society. The Israeli higher education system, mostly
supported by the government, contributed a great deal to the success of Israel in
the high-tech arena.
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