Informing
Policy
for Progress

Investment Policies in Defense R&D Programs

Investment in advanced defense technologies is a prominent characteristic of modern armed forces. The paper examines the optimal investment policy in developing such technologies, accounting for their S-shaped progress profile and the stochastic nature of the R&D process. We show that the optimal investment is a discontinuous function of the available budget, and that its […]

A National Plan for the Chemical Industry in Israel

The National Plan for the Chemical Industry in Israel is a large project that the Samuel Neaman Institute has been leading since 2004. The project analyzes past and present chemistry and pharmaceutical branches produced in Israel, present alternatives and demonstrates new industry branches in this field. This project compares this industry with other global markets […]