Israel hopes to stop brain drain, lure scientists home with academic, financial initiative

By AP
Sunday, March 14, 2010

Israel approves plan to stop brain drain

JERUSALEM — Israel’s government has approved a plan to lure the country’s top scientific minds back home after years of brain drain.

Prime Minister Benjamin Netanyahu’s office said in a statement Sunday the plan includes incentives for scientists and new research facilities. It did not elaborate.

It said around $250 million have been earmarked for the project.

The plan aims to encourage Israeli scientists and technicians — many of whom have left Israel for more lucrative research opportunities overseas — to return to the country.

Netanyahu was quoted as saying science “is an important core of know-how for growth and advancement in Israel.”

Israel has a tradition of scientific excellence. Ada Yonath of Israel’s Weizmann Institute of Science won the Nobel Prize for chemistry last year.

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