Informing
Policy
for Progress

What Affects Technion Faculty Members’ Decision to Found a Start-Up Firm? Effects of the Business Opportunity and the Entrepreneur’s (faculty)

While research has recognized the importance of the entrepreneurial opportunity evaluation (EOE) stage in affecting overall entrepreneurship activity, only venture capitalists’ (VCs) perspectives were explored. No research has attempted to understand the crucial and complementary role of entrepreneurs’ points of view. In an effort to fill this gap, the current study focuses on the entrepreneur […]

Science and Technology Indicators in Israel: An International Comparison

It is well recognized that human capital, especially in the areas of science and technology, (S&T), is the main growth-enabling resource in Israel. How can this recognition be evaluated in light of the economic and statistical data over time? In this new Neaman Institute study we propose a systematic set of indicators, which can and […]

Start-up funding inefficiencies due to VC’s Limited horizon, STE-WP-29

We study the conflict of interests between limited partners (LPs) and a general partner (GP) in a VC fund with a limited life-span. LPs commit money for investment in risky projects, while the GP selects projects and provides unobservable monitoring effort for each project. We assume that midway into the project, the GP privately observes […]

Major Plan for Higher Education – Planning Versus Performance

The higher education system in Israel was based, from the beginning, on academic research in Humboldtian model of teaching and research combined with a strong emphasis on research. Over the years different subjects were added and the requirement to combine in academic studying also professional training increased. Up to a certain stage the Universities succeeded […]

Evolutionary Innovation and High Tech Policy: What can we Learn from Israel’s Targeting of Venture Capital STE-WP-25

The paper analyzes Israel’s Innovation and High Tech Policy from a Systems-Evolutionary (S/E) and Life Cycle Perspectives with a focusing on the targeting of the Venture Capital Industry during the 1990s. Other related research strongly suggested that the emergence of Venture Capital (VC) during that decade was a central vector in the re-configuration of Israel’s […]