NanoIsrael 2010: Why You Should Be There
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Transcript NanoIsrael 2010: Why You Should Be There
Innovation, Israeli Style
KEN Forum 2014
Building Knowledge Economy through Innovation
Ecosystem: The Role of Innovation Hubs
Ljubljana, 25 November, 2014
Nava Swersky Sofer
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Israel: The Start-Up Nation
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Israel Inside
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Highest Venture Capital Availability
Venture Capital investment per person, selected countries, 2010, US$
0
25
50
75
100
125
150
175
Israel
United States
Norway
Sweden
Switzerland
Finland
Denmark
• 5,000 active tech companies
• 600 new companies / year
• US$ 2 Billion invested / year
France
Britain
Ireland
Netherlands
Belgium
Austria
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Source: The Economist 2012, based on National Venture Capital Association, European
Private Equity & Venture Capital Association, Israel Venture Capital Research Center, UN
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300 Multinational R&D Centres
Employing 50,000 People
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Israel: An Innovation Powerhouse
Globally Open
2nd highest number of NASDAQtraded companies
>60 companies traded in EU
World Class Science
1st
in quality of scientific research
institutions
6 Nobel laureates
Entrepreneurial
1st in start-ups per capita
2nd in business entrepreneurship
Human Capital
2nd in availability of qualified scientists
& engineers
Source: IMD World Competitiveness Report, World Economic Forum Competitiveness Report
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Highly Innovative
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Hardship Breeds Innovation
Small
Interdisciplinary
New
Isolated
No strong traditions => Open
to change
Strong military => training,
innovative technology
International outlook
Brain power, education =>
innovation
Novel job creation schemes
No natural resources, not
even water
Immigration – from 600k to
8 million in 65 years
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Smart Government Intervention
Office of the Chief Scientist supporting private sector
innovation since 1969
Strategic decision to create military R&D capabilities
Venture industry created by government => privatised
Incubators: from job creation scheme to pillar of national
innovation eco-system
Innovative industry/academia support mechanisms
Evolving policies addressing market needs, e.g.
Early stage funding
Multinationals
Strategic initiatives, e.g. nanotechnology
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Nanotechnology in Israel
Israel National Nanotechnology Initiative (INNI)
Objectives
Established 2001 by Israeli government and the National Academy of Sciences
Strong representation from both industry and academia
Promote establishment of local nanotechnology-based industry and academia-industry
collaborations
Long range programme for research & technology development and world-class
infrastructure
Unique tri-partite funding model: 1/3 government, 1/3 academia, 1/3 philanthropic
First centre established at Technion 2005, five others in 2007: Hebrew U, Tel Aviv
U, Ben Gurion U, Bar Ilan U, Weizmann Institute
Second five-year term from 2012 after highly successful first five years
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Measurable Outcomes in First Six Years
of Israel’s National Nanotechnology Initiative
830 academia-industry collaborations
860 patent submissions, of which 270 granted patents
206 companies
6 academic centres establishes
101 world-class scientist recruited as faculty members
220 junior scientists/post-docs
750 PhD students
850 MSc students
7,500 published scientific articles, of which
1,500 articles resulting from industry-academia collaboration
$300 million investment by government & universities
Source: INNI
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The Next Five Years –
Focal Technology Areas
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Successful Academic Commercialization
World pioneer in tech transfer since 1959
Two of world’s top tech transfer companies
Yeda, Weizmann Institute of Science ( est.1959)
Yissum, Hebrew University of Jerusalem (est.1964)
>$22 Billion in licensed product sales per annum
>$500 Million in tech transfer revenues annually
Hundreds of spin-off companies
Many success stories
Copaxone®, Exelon™, Erbitux®, Azilect™, Doxil™, Rebif®, Cherry
tomatoes, peppers, NDS Ltd. encryption algorithm, MobilEye driver
assistance system…
Source: ITTN, Israeli Central Bureau of Statistics Aug 2014
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Tech Transfer in Israel, UK, US & Japan
2012 Figures
Israel
UK
USA
Japan
Invention
disclosures
528
4,300
23,741
8,949
Patent
applications
431
1,942
14,224
6,962
License
agreements
1,056
4,300
5,130
8,808
Spin-off
companies
29
191
705
54
IP-related
revenues ($M)
481
111
2,600
410
Source: Israeli Central Bureau of Statistics Aug 2014
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Comparative Indicators Israel, UK, US,
Japan – normalized by R&D Expenditure
2012 Figures
Israel
UK
USA
Japan
R&D expenditure in higher
education ($M PPP)
1,224
10,361
62,723
20,336
Invention disclosures
0.43
0.42
0.38
0.44
Patent applications
0.35
0.19
0.23
0.34
License agreements
0.86
0.42
0.08
0.43
Spin-off companies
0.02
0.018
0.01
0.003
IP-related revenues ($M)
0.39
0.01
0.04
0.02
Source: Israeli Central Bureau of Statistics Aug 2014
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The Israeli Tech Transfer Model
Company, not office
Business leaders on boards
Balance academic viewpoint
Clear IP ownership…
… with generous revenue sharing (40-60%)
One-stop-shop for industry – leverage relationship
Wholly-owned subsidiary with business focus & operational independence
Professional team with relevant industry experience
Licensing
R&D collaborations
Sponsored research
Sometimes consulting
Focused on royalties
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The Innovation Recipe
Infrastructure
Environment
Culture
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Infrastructure
Education
Innovative
research
Smart funding
Management
Facilitiess
IP system
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Infrastructure
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Environment
Regulation
Market
access
Tax credits
Institutional investment
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Environment
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Culture
Breaking
old habits
Encouraging entrepreneurship
Learning to embrace failure. It’s part of
the package
Culture
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The Innovation Recipe
Make best use of available assets
Focus on areas of strength
Import best practices
Research
Facilities
Funding
Supportive environment
Fine tune for local needs
Culture change takes time
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Thank you for your attention
[email protected]
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