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U.S.-Israel Innovation Index
The U.S. – Israel Innovation Index (USI3) assesses innovation-related collaboration between the U.S. and Israel and compares and benchmarks that collaborative relationship to the linkages that exist between the U.S and a set of other innovation-inclined countries which, like Israel, possess important trade relationships with the U.S.
The USI3 measures innovation-related collaboration between the United States and Israel by tracking metrics measuring activities and relationships in the following primary categories:
- Government: Indicators measure and analyze the extent of government-to-government treaties, funding, and diplomatic linkages related to scientific and technological activity.
- Private Sector & Industry: Indicators measure knowledge-intensive industry commercialization and coordination; including investment patterns and trade relationships.
- Human Capital: Indicators assess the degree of linkages in human capital in science and technology related fields; including educational exchanges and academic literature co-authorship.
- Research & Development (R&D): Indicators assess bilateral activities between the U.S and Israel quantifying both input activities such as R&D spending and output metrics such as co-patents granted.
Metrics measuring cooperation in innovation-related activities offer a picture of the benefits of U.S.-Israel science and research cooperation. The value of the relationship is highlighted and better understood through comparisons to similar cooperation between the United States and other innovation inclined countries. To this end, the USI3 benchmarks the U.S.-Israel relationship against that between the U.S. and other competitive countries including Switzerland, Sweden, Finland, Germany, South Korea, Singapore, United Arab Emirates, Brazil, Japan, Turkey, Russia, South Africa, Hong Kong, Canada, and Chile. It represents an original framework for evaluating bi-national scientific, technology, and business relationships that cross government, society, academia, and industry and provides a quantitative analysis that can be tracked year-on-year going forward.