Despite the tremendous issues we face now and in the near future, the budget for scientific research is actually considerably less than 1%, despite a huge rise over what was present in the 1990s and 2000s. According to a recent estimate by the World Bank, the combined exports of Arab Countries According to government figures, Israel spends roughly 4.7 percent of GDP on Research Expenditures and development, or over 9 billion dollars, whereas the average spending in the Arab countries combined is 3 percent.
How can we benefit from investing on Research Expenditures?