Tapping into an ocean of innovation: The economic interest for developing a new ecosystem on oceanic technologies

Or Haviv, CTech

Tapping into an ocean of innovation: The economic interest for developing a new ecosystem on oceanic technologies
Hiroko Yoshii on Unsplash

The global economic value of the ocean is estimated at ~$24T. Studies demonstrate that the ocean is ranked seventh among the world’s ten leading economies, generating $2.5T of goods and services per year. However, despite the advantages of the ocean, we do not protect it and we over exploit it, causing habitat destruction and, most of all, pollution.

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