3. R&D: Driver of Israeli Economy
Information technology skills Scientific research
Entrepreneurship Innovative capacity
Source: The Institute for Management Development
IMD 2011 (out of 59 countries)
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4. Government R&D Support
Israeli R&D is mostly financed with private funds
Public resources are spent where they add the most value:
Promoting novel technologies
Leveraging existing resources
Specific high risk stages
International collaboration
Coordination in entering new fields (“big push”)
The governmental support is especially important during
financial turmoil and shrinking private investments
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5. Horizon 2020- Adapting to a Changing World
Demographics
Urbanization
Shift in economic power
Environmental concerns
Challenges to sustainable supply of energy, food and
water
Israel R&D needs to adapt!
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8. Innovation is Only Part of the Process
Small economy VS. Large economy:
Research infrastructure and ability to develop
large fields
Scale up
Access to markets
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9. Joint R&D as a Bridge to the Developing World
Israel
Developing
World
Europe
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10. Joint R&D as a Bridge to the Developing World
Israel
Joint Developing
ventures World
Europe
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11. Israel and ISERD
Rapid changes in technologies
Economies of scale in research policy
Israel wants to be a part of major trends dictated by
the leading economies and markets
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