Informing
Policy
for Progress

Between technology development and public transparency: creating tools for public discussion on business ventures and technological alternatives for treating solid waste

In order to promote and implement a sustainable waste management in Israel there is a need to develop tools for common knowledge and language for all stakeholders. Therefore, this project includes: Coordinating an operational team comprised of professionals and interested parties from the various related sectors. Evaluation of the various technological options according to cost/benefit […]

Microeconomic Insights from Israel’s Venture Capital Emergence: Towards a Theory of Evolutionary Targeting of Infant Industries STE-33-2006

The development of Venture Capital in Israel during 1993-2000 is an example of policy-led industry emergence. The Israeli targeted policy adapted to trigger Venture Capital emergence is an example of successful infant industry policy. This policy stands on its own as a separate class, due to its non-conventional configuration and high impact. This paper both […]

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. […]

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 […]