Transcript Document
The Israeli Innovation story 2015
Naor Gilon Ambasciatore
Created in - Part of your life
8 millions $291 Billion
Israel @ A Glance
GDP Growth
Israel compared to advanced economies, annual rate of change, constant prices Since 2004, Israel’s growth rate has exceeded the average growth rate of advanced economies.
In 2009, as most of the world experienced a decline in GDP, Israel experienced a 1.2% growth in it’s GDP.
All data taken from OECD * Data from respective official source (CBS, OECD (forecast), Eurostat, BEA) Source: CBS, OECD, Eurostat, BEA
1980-2013: A High-Tech Oriented Industry
Low Tech 8% Med-Low Tech 18% Med Hi-Tech 26% Source: Central Bureau of Statistics (excluding diamonds) High Tech 48%
As a share of total exports
Main Export Destinations
Source: Central Bureau of Statistics
Innovation in Israel
Did you know is… 1 st
in the world for scientific research
1 st
in the world for entrepreneurship
1 st
in the world for information technology skills
1 st
in the world for
number of patents in the US 1 st
in the world for flexibility and adaptability
2
nd in the world for innovative capacity
2 nd
in the world for venture capital
Source: World Economic Forum, Global Competitiveness Report
Israel is a global leader in research & innovation
Israel
Level of innovation
Source: World economic forum, 2011
Startup Nation by the numbers
In 2014-15, Israeli exits amounted to over $15
Billion
Israel has the largest number of startup companies in the world per capita (5,000 companies with 1,000 introduced to the industry annually) Israel has more NASDAQ listed companies than any other country besides the U.S. - more than all of Europe, India, China and Japan combined
Technologies “MADE IN ISRAEL”
The
cell phone
was developed by the Israeli Motorola branch The
flash memory
data storage device with a USB interface The now standard
Firewall and VPN
computer security systems The technology for the AOL
instant messenger
, ICQ, was developed in 1996 Chosen as the solution to
internationally stream
the 2014 World Cup The world’s
largest online poker
company sold for 4.9B (June 2014) Developed the first
ingestible video camera
in the size of a pill The world’s most-used
translation software
A cross platform, instant messaging,
voice-over Internet Protocol
application A
GPS
based geographical
social network navigation
application Cloud-based
web development platform
allows users to create web and mobile sites
Haifa Region R&D Centers In Israel Northern Region Tel Aviv Region Jerusalem Region Southern Region
Over 250 foreign companies have established R&D centers in Israel Over 50,000 people are employed at these R&D centers in Israel Maps: Wikipedia
R&D Expenditure as % of GDP 2010 or latest available year
Israel is 1
st
in the OECD in expenditure on R&D (research & development) as % of GDP, demonstrating innovation, development and creativity.
Additional Sources: OECD
Government Policy for R&D
•
High Government investments: about 4.25% of its GDP in R&D, which is the highest ratio of any country in the world*
• • • • • Coordinating element: Office of chief scientist MOT Government initiated VC industry back in 1993 creating
Yozma
fund Government programs:
Magnet
–encourage cooperation between the industry and leading academic scientific research,
Tnufa
program provides seed funding for start up companies. Tax law reforms reduced corporate tax down to 10% Bilateral R&D agreements creating funds IMD World Competitiveness Yearbook 2012
Entrepreneurship, Israeli style
Advantages,
Inventiveness, creativity, ingenuity Daring, “can do it” attitude, drive No phobia of failure Military Service
But less of,
Business acumen Managerial skills (for larger organizations) Patience, long horizon 16
500 400 300 200 100 0
Birth and death of High-Tech Companies in Israel 2007-2012 697 687 689
700
631 616
600
266 275 325 305 299 350 140
2007 2008 2009
Companies Created
2010 2011
Companies Closed
2012 Source: IVC Yearbook
& Italy @ Innovation
Bilateral Agreements for Joint R&D
Joint Industrial R&D Agreement, annual call for proposals (budget of € 3,000,000 for each side) Joint Scientific R&D Agreement
International Conferences and Exhibits
Watec Agritech Renewable energies Homeland security Cyber Protection and Security Biotech
Bilateral Economic and Innovation events
Space Cyber Security Fintech 18
Concluding remarks
To innovate means first and foremost to change, hence to encourage innovation society needs to accept, promote, and bear the consequences of change.
Grazie
Naor Gilon [email protected]