Zach and I went to a talk Monday night by Gil Hoffman, one of the editors for the Jerusalem Post. He talked mostly about the Israel-US relationship in the context of the Iran issue, but he also mentioned something interesting. He said that to find out what innovations have come out of Israel, he recommends the website www.israel21c.org. This website describes the numerous inventions and breakthroughs Israelis are coming up with and have come up with in the past.
I recommend use of this website the next time an HPer cynically asks, "What has Israel done for us recently?"