Israel retained the top spot for research and development intensity, and regained the top rank for research concentration.

While dropped one spot in the newest Bloomberg Innovative Index, retaining the first place spot for research and development intensity for the third year in a row.

After ranking 10th last year, Israeli climbs 5 spots in the latest index, retaining its top rank in the R&D intensity category.

Israel leads the world in the index's R&D intensity and research concentration categories