Evolutionary Venture Capital Policies: Insights from a Product life Cycle Analysis of Israel’s Venture Capital Industry, Science, Technology and the Economy Program (STE) – Working Papers Series STE-WP-20-2003
The significance of VC as a component of the Silicon Valley model of high tech has led many countries during the 80s and 90s to implement government policies aimed at stimulating this activity. This paper suggests that a major factor in the failure of many of these policies to create an early phase, high tech […]
Is Venture Capital Special? Empirical Evidence from a Government Initiated Venture Capital Market, Science, Technology and the Economy Program (STE) – Working Papers Series STE-WP-9
The financing extended by venture capital funds is examined in this paper, using a unique database that includes information about all the firms in the portfolio of all the Israeli venture capital funds in 1997-2000, and data on a control group of firms that were not backed by venture capital funds but were supported by […]
How Users Build The Innovation Partnership They Need
Innovation is unlikely to be successful if it is founded on the supposition that the innovative process is essentially simple, linear and sequential. It is not. The innovative process is complex, intricate and irregular and basically it can be considered as a learning and information process. Successful innovation is the product of a total information […]
The Military as a Public Space – The Role of the IDF in the Israeli Software Innovation System, Science, Technology and the Economy Program (STE) – Working Papers Series STE-WP-13
This paper focuses on the role played by the Israeli military (IDF) in creating and sustaining the highly innovative Israeli software industry. The IDF is often credited with a large role in the creation and sustained success of the Israeli high-tech industry. The paper analyze the activities and history of the IDF’s central computer unit, […]
Public Policy, Locational Choice and the Innovation Capability of High-Tech Firms: A Comparison Between Israel and Ireland – SNI R&D Policy Papers Series
Using survey data from Irish and Israeli firms we examine the influence of public policy on the characteristics, location and innovation capability of high-tech firms. In Israel the innovation activities of Israeli firms are found to be much more locationally sensitive than that of Irish companies. Regional policy incentives, involving the dispersal of high-tech firms […]
R&D, Firm Size and Innovation: An Empirical Analysis, SNI R&D Policy Papers Series
Investment in R&D spawns innovations, which in turn foster economic growth. In recent years, researchers have become increasingly aware of the role of industrial innovation in the rate of regional development and economic growth. In order to innovate, firms must invest in R&D (in-house or out-sourcing), and engage highly skilled labor that is able to […]
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 […]
Managing New Product Development and Innovation A Microeconomics Toolbox
Comprising over a decade of research the fifteen chapters in this book offer a selection of practical microeconomic tools for managing new product development and innovation. An overall theme unites these tools feature-based innovation. By quantifying product features and evaluating the costs and market value of improving each , a simple yet powerful conceptual framework […]
Innovation in Israel 1968-1997: A Comparative Analysis using Patent Data, Science, Technology and the Economy Program STE-WP-5
The Israeli high tech sector is widely regarded as a hotbed of cutting-edge technologies, and as the growth engine of the Israeli economy in the nineties and beyond. In this paper we present a close-up portrait of innovation in Israel for the past 30 years, with the aid of highly detailed patent data. We use […]
Spatial Diffusion of Industrial Innovation and Regional Development
A new horizon of the history of mankind opened at the end of the 20th century. Facing the new picture of the world, arising out of the growth of the technological culture, everything has to be thought about from now on, from assumptions of values, through principles of deed, to details of execution. The enormous, […]