Informing
Policy
for Progress

Information and Communication Technology (ICT) Investments in Israel STE-WP-37

The main goal of this work is to process and analyze first of its kind industry-level ICT-investments data in Israel between 1990 and 2003. This data enables, for the first time, thorough and detailed examination of the ICT investments and usage in Israel. Based on the data analysis and comparisons to parallel international data sources, […]

The Ramifications of Technology Transfer Based on Intellectual Property Licensing

The commercialization of scientific inventions by academic institutions was the subject of reform initiatives in recent years. Regulatory initiatives proposed to encourage public research institutions (sometimes even to impose a legal duty), to exploit the commercial potential of their inventions via intellectual property. Recent studies on the impact of the Bayh-Dole Act on scientific research […]

Environmental technologies – the green future

The field of environmental technology development includes a very wide range of activities. In the study, which is conducted jointly by the Samuel Neaman Institute, Globes Research and Kesselman & Kesselman, we show that there are very large opportunities in the new market and that the government must take a series of actions realize these […]

Harnessing Success: Determinants of University Technology Licensing Performance STE-WP-35

We study the impact of incentive pay, local development objectives and government constraints on university licensing performance. We develop and test a simple contracting model technology licensing offices, using new survey information combined with panel data on 86 U.S. universities for the period 1995-99. We find that private universities are much more likely to adopt […]

KNOWLEDGE-INTENSIVE PROPERTY RIGHTS (STE-WP-39)

Venture capitalism is a major institutional innovation based on identifying economies of scope in transactions of technological knowledge, bundled with managerial competence, reputation, screening procedures and equity. It has paved the way to the emergence of new surrogate markets for knowledge, i.e. financial markets specialized in trading knowledge-intensive property rights. This development has important benefits […]

Innovation Policy for Development: an Overview STE-WP-34

This paper provides a framework for thinking about innovation policies for development. In such context innovation should be construed as a very broad notion that includes product and in process innovations of various sorts, generated by rank and file workers as much as by R&D labs. The economic rationale for government support of R&D needs […]

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 […]