With the highest proportion of engineers and scientists per capita, Israel is arguably the most innovative country in the world. R&D spending as a percent of GDP in Israel is nearly twice the OECD average. Israel has more venture capital per inhabitant than any other country, according to Statista. In spite of the COVID-19 outbreak, venture fundraising was up year over year in Q2 2020, according to Israeli Tech Funding Report. A variety of policy incentives are highly favorable to early-stage startups. In an earlier article on Seeking Alpha, Harold Goldmeier and