The Dye Famine and its Aftermath: Knowledge Diffusion and Entry STE-WP-32
Venture Capitalists, Public Offerings or Strategic Investors? Financial Liquidation Profiles of Israeli Hi-Tech Firms STE-WP-31
The paper presents the concept of Firms’ Growth Profiles (FGPs) portraying the idea that the institutional environment confers upon firms a limited set of path-dependent growth options. The FGP concept is demonstrated by examining sequences of financial liquidation actions (raising funds from venture capitalists, through public offerings or from strategic investors) of Israeli Hi-Tech firms. […]
Analysis and Policy Recommendations for Technology Transfer from Universities to Industry. Final Report
This research was supported by the Israel Academy of Sciences and Humanities and the Ministry of Science, Culture and Sport. Science and technology are linked to each other and contribute to innovation processes which serve as an important source for economic progress and growth. The link between science (academia) and technology (industry) includes, among others, […]
Total Factor Productivity as a Performance Benchmark for Firms: Theory and Evidence, SNI R&D Policy Papers Series
We propose using Solow’s macroeconomic approach and the concept of Total Factor Productivity (TFP) as a microeconomic tool for analyzing individual firms. TFP long used in analyzing macroeconomic growth among countries, is a useful strategic performance benchmark for individual firms. TFP calculations permit managers and investors to partition labor productivity growth between two sharplydifferent underlying […]
Interim Report of the Investigatory Team on the State of the Chemical Industry in Israel at the Beginning of the 21st Century
The aim of this work is to survey the state of the chemical industry in Israel today and the alternatives for its future development and to recommend formulation of a national policy in this field. This work complements and updates the chemical industry survey conducted and distributed by the Samuel Neaman Institute in 1995, by […]
The Impact of R&D Spillover on Growth and Productivity in Israeli Manufacturing Industries 1990-1994, Science, Technology and the Economy Program (STE) – Working Papers Series STE-WP-14
The study presents the positive external effects (spillovers) of investments in research and development in manufacturing industries, in Israel and abroad. This examination quantifies the spillover of domestic and imported technologies, through intermediates and capital goods, to establishments that did not participate directly in the research and development process. The analysis examines the interactions between […]
Conceiving New Industrial Systems: The Different Emergence Paths of the High-Technology Industry in Israel and Ireland, Science, Technology and the Economy Program (STE) – Working Papers Series STE-WP-11
In the last decade, both Israel and Ireland have been on the forefront of a successful double revolution. In the international arena, the two small states have been the hotbeds of new technology based firms (NTBF) that establish themselves in global markets in the area of software and information technology, making the two states successful […]
Cooperation and Competition in R&D with Uncertainty & Spillovers, Science, Technology and the Economy Program STE-WP-6
In a general setting with uncertainty and spillovers in R&D activity, we consider the incentive to cooperate among firms at any or all of the following three stages. Firms can jointly agree on the level of R&D expenditures, they can set up joint research facilities, and/or they can engage in an information sharing agreements, by […]
Investments in Civilian Research & Development in Israel: Background Data for Development of a National Policy
Israel is basing its progress and prosperity on human capital (quality manpower) and unique knowledge. The outstanding expression of this is the development of an industry based on advance knowledge which in the last decade led Israel to an impressive average economic growth of 5%, of which 30% stem from high-tech industry (1). In spite […]
Targeting Industries for Regional Development in Israel and in Germany – A Comparative Study, SNI R&D Policy Papers Series
Economic growth is driven to a large extent by technological progress and innovation. It is therefore essential for effective public policy to identify the group of innovative industries so that policy makers will be able to target government incentive programs toward this specific group of industries. In the present study we assumed that innovation is […]
