I-Biz: Israel Business Information Services

INNOVATION

It is now universally recognized that innovation has been the principal driver of economic growth in Israel since the early 1990s. This was achieved through a combination of government policy, venture capital investments, capital markets and extensive expertise in M&A. Israel is a wonderful laboratory to examine this phenomenon because high-tech --a central element of innovation -- has become the engine of economic growth. Innovation Economics provides a theory and narrative of economic growth grounded in innovation in a world economy that has been transformed by the forces of technology, globalization, and entrepreneurship. This model reformulates the traditional economic growth model so that knowledge, technology, entrepreneurship, and innovation are positioned at the center rather than as an extraneous element.

I-Biz reports on innovation examine how the economy creates wealth by focusing on a different set of innovation economics based questions:

Are companies investing enough in innovation and does government policy effectively encourage this investment?
How efficient is business in fostering innovation and in what fields?
In what areas is business less effective?
Are research institutions efficiently transferring knowledge to companies?
How can government stimulate innovation in fields with a long time to market such as biotechnology, nanotechnology or clean technology?
What are the effects of trends in the capital market on funds available for investment in innovation?

I-Biz consults for the European Union on Israeli Innovation, and has written several reports on the subject. Click here to view them.