Monopolies in Competition:The Balance between Innovativeness and Competition in the Israeli Competition Law STE-WP-27
Law plays an important role in the formation of incentives for the creation as well as the diffusion of intellectual property. Intellectual property laws and competition law are of special importance. Intellectual property laws determine when an inventor is entitled to receive an exclusive right to use his invention. The grant of such a right […]
The Technological Incubators in Israel: Technological Policy in an Era of Privatization
During the last twenty years there has been a concentrated efforts made by the Israeli government to support and develop the high-tech industry. Among other means, a prominent place is kept for the Technological Incubator Program, which was established in 1991. The technological incubators are supportive frameworks, which help initiators in their first steps to […]
Firm Growth Profiles (FGPs): Towards an Action-Based View of Firm Development STE-WP-24
The paper presents the concept of the Firm Growth Profile (FGP) which contributes to the creation of a dynamic Resource-Based View theory by explaining how capabilities are developed in path-dependent processes. An FGP represents the pattern of critical actions taken by a firm in different value activities (e.g. R&D, marketing, production and finance) during subsequent […]
Can Venture Capital Funds Pick Winners? Evidence from Pre-IPO Survival Rates and Post-IPO Performance STE-WP-23
This paper evaluates the ability of venture capital funds to identify and bring to market successful high-tech Israeli companies during the period 1991 to 2000. Using a newly constructed and highly detailed database we find that: (1) The probability of survival until the IPO stage is higher for venture-backed companies. (2) According to several different […]
Immigrants in the Hi-Tech Sector: Comparison to Natives and the Effect of Training STE-WP-22-2004
This paper provides a descriptive analysis of the integration of the immigrants from the CIS in the Israeli labor market and, specifically, in the hi-tech sector. The analysis is based on the national cross sectional Labor Force Survey and on a unique panel data that follows Russian engineers for up to twelve years in Israel. […]
Innovation and the Limits of State’s Power: R&D and Industrial Policy in taiwan in IC Design and Software STE-WP-21-2004
Of the East Asian Newly Industrialized Countries (NIC) Taiwan story is one of the most inspiring. In almost all accounts of Taiwan, the state has been described as the major impetus of economic development and technological upgrading. The Taiwanese government policy goal in the last decade has been to spur more new-products innovation capabilities. This […]
The global Environmental Market – An Economic Opportunity for Israel Primary model to assess the costs and benefits of governmental investment in the field of environmental technologies
Israel can and should play a viable role in the global market for environmental technologies. The role of the government should include not only direct financing of this sector, but also help in marketing, “door opening” and governmental insurance. The basic assumption of the model is that by using the governmental aid, the odds of […]
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 […]
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 […]
A Micro-Economic Approach to Government Support of R&D Investments in the Private Sector, Science, Technology and the Economy Program (STE) – Workin
This paper focuses on the economic decisions of the government to subsidize investments in the private sector, and to discriminate among firms in its support programs. The presumption is that, by taxing corporate profits the government, affects investment decisions made by corporations and causes them to invest less than what would be socially optimal. Accordingly, […]
