- ISSN: 2155-7950
- Journal of Business and Economics
A Critical Contrast between Technology and Society in Israel
(Holon Institute of Technology, Israel)
Abstract: The effects of technological change are creating immense transformations in the way nations organize their competitive structure. The research looks at the impact and role of governments in technological development as a means to examine the state of each country in terms of technological advancement and global competition. Israel is a prime example of the domination of technology over society. The country’s development is a product of the digital revolution and economic changes, which situate Israel as a developed country in terms of technology. The question that stands at the heart of this research is, based on the Israeli experience: how technology is changing society? In order to examine this, the research is looking at the impact of technological advancement and the role of the Israeli government in the development of technology. It examines the way Israel has developed to a “Start-Up Nation”, with the largest number of start-up companies globally, second only to the USA.
Key words: technology; globalization; innovation; government; high-tech
JEL codes: O32