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September 17, 1993 - Image 78

Resource type:
Text
Publication:
The Detroit Jewish News, 1993-09-17

Disclaimer: Computer generated plain text may have errors. Read more about this.

ili1UiL

HIGH TECHNOLOGY
IN ISRAEL IS AT
iNf TECHNION

The Source of Israel's Technology

For almost seventy years, the Technion-Israel Institute of Technology has been Israel's only technological
university and largest center of applied research. It is Israel's first university, and ranks among the leading
technological institutes in the world.

The Technion's 10,500 undergraduate and graduate students study in 19 departments comprising every
major field of engineering, science, architecture and medicine.

Its 35,000 graduates constitute more than 70% of the engineers educated in Israel. Together with the
university's faculty, they have created and manage Israel's industrial infrastructure; built its defense
capabilities; pioneered its technology-based enterprises; and fueled its economic growth.

As Israel's primary resource for applied research, the Technion is often called upon to analyze upcoming
developments and maintain Israel's competitve edge in education and technology. The Technion's research
laboratories are a window to the future.

Heil to Economic Potential

The economic growth and independence of Israel depend on the development of profitable exports and
Israel's export industries are increasingly dependent on advanced technologies. The vital activities essential
to the welfare and economic strength of a modern nation are researched and taught at the Technion.
The quality of Technion graduates ensures that American companies such as Intel, IBM, Motorola and
Digital establish research, design and production facilities in Israel which are thriving and expanding.

Technion means Business

In Israel, the road from the laboratory to the marketplace has been paved by the Technion. From creating
the infrastructure to developing new technologies to preparing the professionals needed to make Israeli
industry succeed, the Technion has pioneered the way. Consider the facts: within 40 years, the Technion
Research and Development Foundation (TRDF) has established 15 subsidiary companies that have
consistently translated basic know-how into world-class commercial products. From forging links
between basic research and high-tech industry to commercializing patents, the TRDF has greatly
influenced Israel's industrial climate. The total of high-tech research produced by the 30 Research
Centers and Institutes of the TRDF rivals that of all Israel's other academic institutions combined.

There is a human element to this scientific and technological pursuit: the Technion Entrepreneurial
Incubator Company (TEIC), a haven for harnessing the high-tech ideas of would-be entrepreneurs
from the former Soviet Union to "incubate" until they can enter the marketplace.

Fittingly, Israel's largest high-tech concern was born in the annals of a Technion physics laboratory in
the late 1960s. Today, Elron Electronics Industries Ltd. is a $550 million enterprise which includes Elbit,
a designer and manufacturer of advanced electronics, and Elscint which produces advanced diagnostic
imaging systems and products for the international community.

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