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 […]
Defense R&D and Economic Growth in Israel: A Research Agenda, Science, Technology and the Economy Program STE-WP-4
When evaluating Israel’s high-tech capabilities and impressive economic achievements since inception, it is difficult not to recognize the important role played by defense and military developments. In particular, defense-related R&D had significant impacts on, as much as it was aided by, Israel’s industrial sector, higher educational system in science and engineering, research community, and the […]
R&D, Subsidies and Productivity, Science, Technology and the Economy Program STE-WP-7
In this paper we formulate a model that extends the traditional theoretical literature on the optimal management of an R&D project by emphasizing the model’s empirical and policy implications. We solve the firm’s dynamic problem and use the resulting optimal R&D policy to assess the role of subsidies aimed at stimulating R&D activities. The theoretical […]
Sources of U.S. Longevity Increase, 1960-1997, Science, Technology and the Economy Program STE-WP-3
Between 1960 and 1997, life expectancy at birth of Americans increased approximately 10%–from 69.7 to 76.5 years—and it has been estimated tha t the value of life extension during this period nearly equaled the gains in tangible consumption. While life expectancy has tended to increase, there have been substantial fluctuations in the rate of increase. In […]
R&D Policy in Israel: An Overview and Reassessment, Science, Technology and the Economy Program STE-WP-2
The goal of this paper is to provide an overview of R&D policy in Israel, and critically examine the policies currently in place as well as proposals to change them. We review in Part I the various programs of the Office of the Chief Scientist (OCS) of the Ministry of Industry and Trade in Israel, […]
Do R&D Subsidies Stimulate or Displace Private R&D? Evidence from Israel, Science, Technology and the Economy Program (STE) – Working Papers Series STE-WP-1
In evaluating the effect of an R&D subsidy we need to know what the subsidized firm would have spent on R&D had it not received the subsidy Using data on Israeli manufacturing firms in the 1990s we find evidence suggesting that the R&D subsidies granted by the Ministry of Industry and Trade stimulated long-run company-financed […]
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 […]
University Technology Transfer in Israel: Evaluation of Projects and Determinants of Success – SNI R&D Policy Papers Series
The purpose of this study is to examine how technology transfer organizations (TTOs) at Israeli universities evaluate projects and how they perceive the success or failure of these projects once they are selected. We also analyze whether the criteria they use are similar to those employed by venture capitalists and MIT. We find that the […]
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, […]
The Contribution of Science to Israeli Security
This survey was commission by President of the Technion, Professor Zehev Tadmor, as part of a series of surveys on the contributions of science to the State of Israel on its 50th anniversary. The project was initiated by the Israel Academy of Sciences and Humanities. Even before the establishment of the State of Israel the […]
