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Leveraging Innovation to Promote Leveraging Innovation to Promote Economic Growth Economic Growth Michel Hivert Mobile Health Conference 2014

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Leveraging Innovation to Promote Leveraging Innovation to Promote Economic GrowthEconomic Growth

Michel HivertMobile Health Conference 2014

Israel as a start-up nation: Israel as a start-up nation: facts & figuresfacts & figures

More than 4000 start-up companies in Israel

IsraelIsrael: TheThe StartStart UpUp NationNation

Source: www.mappedinisrael.com/

4

Israel:A Global Leader in Research and Innovation

Level of Innovation

Source: World Economic Forum, 2011

Qu

alit

y o

f S

cien

tifi

c R

esea

rch

Multinationals in Israel - Bridge to the WorldFrom US, Europe and Asia in All Sectors

Source: IVC Research Center

Actively Searching for Innovative Technology, R&D, Acquisitions

Actively Investing5

Haifa Region

Tel Aviv Region Jerusalem Region

Southern Region

Northern Region

R&D Centers In IsraelR&D Centers In Israel

Maps: Wikipedia

Over 300 foreign companies have established R&D centers in Israel Over 50,000 people are employed at these R&D centers in Israel

Government Support - Government Support - Fostering Economic GrowthFostering Economic Growth

MATIMOP – Israeli Industry Center for R&D

MATIMOP – Israeli Industry Center for R&D Ministry of Economy Ministry of Economy

Government Support

• Promotes economic growth in Israel

• Supports export & trade• Establishes agreements

for mutual cooperation with foreign governments

• Implements Industrial R&D support policies

• Provides funding to support Israeli start-ups

• Leverage Israel’s S&T strength

• Transfer know-how from academic to the market

• Promotes International cooperation in R&D

• Assistance in accessing OCS funding for international projects

• Assistance with partner-matching for Israeli and foreign companies

Israeli Government Support for R&D

Generic R&D

Magnet

Magneton

Competitive R&D

IndustrialR&D

Nat

iona

l

Pre-Seed

Tnufa

Nofar

TechnologicalIncubators

Cooperative R&D

Long-Range R&D

Seed Fund

Applied Academic Research

Basic R&D Market Proximity

EUREKA

Bi-national Funds

ISERD)Europe FP(

MATIMOP

Inte

rnat

iona

l

Global Enterprises R&D Cooperation

Bi-national Agreements

Galileo

OCS Government Support Programs for R&D

The R&D FundThe R&D Fund

Annual budget is approximately $300M.

Main instrument of The R&D Law – support Israeli company in a joint international R&D project

Grants are 20%-50% of the total approved R&D expenditures of the approved projects

Conditional Grant – Royalties to be paid if project is successful

OCS Grants by Technological SectorsOCS Grants by Technological Sectors, , 20122012

How Does MATIMOP Assist Industry?How Does MATIMOP Assist Industry?

Partner-Matching: Assists Israeli and foreign industries in locating partners for industrial R&D projects

Serves as a gateway to international high-tech industries Extends platforms for cooperation Implements national R&D support programs Provides access to national funding schemes

MATIMOP’s Database – 5000 Israeli companies and R&D capabilities Website

www.matimop.org.il

MATIMOP’s Database – 5000 Israeli companies and R&D capabilities Website

www.matimop.org.il

BilateralBilateral ProjectsProjects

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Co - investment Follow-on (“go-to-market”) funding

Firm A

Firm B

Governance Domain “follow-on” Domain

BIRD(Foundation)

CIIRDF(Foundation)

CaliforniaNew York

MassachusettsMarylandVirginia

WisconsinColorado

Michigan OregonFlorida

South Carolina

Canada + Ontario

North America

China(Most)Jiangsu, Guandong, Shandong Shanghai, Shenzen

Hong Kong

India (Most)

Karnataka

SIIRD-Singapore (Foundation)

KORIL-RDF-Korea (Foundation)

Asia

Brazil + Sao PaoloArgentinaUruguay

In process:Mexico , Colombia, Chile

Latin America

FranceRussia (Rusano, Skolkovo)ItalyGermanyGreeceDenmarkHungaryTurkeyPortugalFinlandSwedenCzech RepublicBulgariaLithuaniaSloveniaIrelandBelgium (Flandria)Netherlands Cyprus

Slovakia* Through EUREKA (40 country Multilateral Initiative)

Europe

Australia (Victoria)

International Collaboration in Industrial R&DInternational Collaboration in Industrial R&DSupport within the R&D FundSupport within the R&D Fund

To conclude: Business as usual is not an option Adopt a bottom up approach is crucial Investing in applied knowledge is needed Partnerships for success can play a major

role in the global markets and in societal challenges.

Government plays a key role in Government plays a key role in optimizing the ecosystemoptimizing the ecosystem

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