Israel: The Ingenuity Society as Global Laboratory
Date: Wednesday, May 1, 2013 Time: 10:00 AM – 11:00 AM
Room: Brighton
Peleg
From Hi-Tech to Clean-Tech
Leveraging on known paradigms creates market opportunities
How to apply known technologies in new industries?
?
Innovation = Market Need + Entrepreneur + Funding
A meeting point between three components
Israel as the Global Hub for Water Technologies
The right mix of all necessary components
“We understand water for decades”
“Entrepreneur as a preferred profession”
“Israel is the 3rd largest VC community in the world”
Rosner
Source: Arial, font size 7.
Israel: The Ingenuity Society as Global Laboratory
The case of the “Fuel Choices Initiative"
Basic facts:
1. Small community (one degree of separation)
2. Problem solving mentality
3. Hackathon type entrepreneurship community ( people from different disciplines)
4. Strong Industry – Academia relationships (fast track from idea to execution)
5. Quick mobilization of people (even before the program ~ $200 million was invested)
6. Small size country enable “cheap pilots”
7. Unique task force set by the Government (see next slide)
Source: Arial, font size 7.
Israel: The Ingenuity Society as Global Laboratory
The case of the “Fuel Choices Initiative"
How the Fuel Choices Initiative Leverage the local :
1. Unique task force set by the Government (see next slide)
2. Hackathon type events to attract entrepreneurs from different disciplines
3. Build Industry – Academia clusters (try to solve specific problems )
4. Try to build effective funnel - fast track from idea to execution
5. Quick mobilization of people (even before the program ~ $200 million was invested)
6. Pilots program
Fuel Choices Initiative: Program Structure
OBJECTIVES Developing next generation technologies
Local Test Bed
Support Industry
Raise awareness
Int’l collaboration
GOVERNMENT TOOLS
Research centers & Industry – Academy projects
Support Pilots
Chief Science +Co-Invest Fund
Seminars & Int’l Prize
Int’l marketing
Gov. offices: Science, Energy, IT&L, MOF, Transportation, Environment, MFA, MOD
GOALS Turning Israel into a center of knowledge & best practices
Raise awareness & Int’ collaboration
To serve as a catalyst for the reduction to the world’s dependence on oil MISSION
Neff
Israel Graduate School of Finance – in formation
The Challenge and the Mission
Challenge
• To succeed, Israel must compete with the best Business Schools in the world.
• This competition drives tuitions and salaries in the US first and then in Europe (not in Israel).
• Israel has an ample supply of raw talent: Israelis occupy very prominent positions in
academia and firms.
• However, Israel does not have the institutions to train this talent, so it leaves the country!
Mission
• To develop the Israeli financial markets.
• To make Israel a more significant player in the world financial markets:
• The necessary condition is a steady supply of very well-trained specialists in Finance.
• This means competing with the best schools in the world. We must have local excellence!
Israel Graduate School of Finance – realistic solution
Realistic Solution: IGSF • A new Israeli institution as a significant center of excellence: consortium of schools. Benefits
the universities in Israel. • Similar to institutions created in Austria, France (Paris), Holland, and Switzerland, which
faced similar problems. • Utilize the economies of scale. • Attract faculty from abroad can be a contender to be among the top Finance Schools!
IGSF: Advantages • Keep bright students in Israel. • Create brand recognition among the top financial firms in the world, and attract foreign
students. • In addition, IGSF can facilitate the return of the Israeli Finance professionals – huge boost to
the industry!
• Contact: Andy Neff [email protected]
Kandel
Israel as a Global Lab and Beta Site
Prof. Eugene Kandel
Head of the National Economic Council
Prime Minister’s Office
2.12.2012
The National Economic Council Prime Minister’s Office
Three conditions for success
Long term local need
Recognized excellence and track record
Growing global demand
Success stories: Defense, ICT, Water, Agro, Cyber security
From need to innovation: Israeli case
Need Innovative Solutions
Local Testing Global
Scale Up
Israel as a global lab
Keys to success
Private sector leadership
Quality and versatility of public research
Focus on global challenges
Long term commitment by government
Abramowitz
STRICTLY CONFIDENTIAL
Empowering the World
April 2013
December 2012
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2009 2010 2011 2012 2013 2014 2015
Western Europe* China Japan USA Rest of World
* France, Germany, Italy and Spain
Insta
llati
on
s (
MW
) Developing Markets
Opportunity
Growth in solar photovoltaic (PV)
600 million of these
are in Africa.
1.6 billion people in
the world have no
access to electricity
Solar PV is falling
dramatically in price
and is much cheaper
than diesel
April 2013
Need for energy
Fastest to Commercial Operation
Versatile Scalable Reliable
Cost Advantage
Renewable
Meeting electricity needs of developing countries in a reliable, sustainable and cost effective way
April 2013
Why solar?
Video introduction
http://www.youtube.com/watch?v=JlovdhJBfXo
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