Informing
Policy
for Progress

Research done at the Samuel Neaman Institute for National Policy Research, Technion, reveals that the investment in creating human capital at the Technion-Israel Institute of Technology yields annual social rates of return of between 76 per cent and 197 per cent, at least, and in absolute (dollar) terms, between $35 billion and $60 billion dollars, over the 50-year working lifetime of a graduating class. These findings were published in research done by Prof. Amnon Frenkel and Prof. (emer.) Shlomo Maital, at the S. Neaman Institute, and show that investment in human capital at Technion, to educate students in science and technology, yields exceptionally high social rates of return to the Israel economy, without risk.  These findings show that government investment in Technion science and technology students has proven itself worthwhile, since the return on these investments are higher than most other investments and are without risk (since productive engineers and scientists always emerge as a result).