Transcript Mr. Joshua Gleitman (Israel).

Israel’s High Tech Ecosystem
Ingredients for Innovation:
Human Capital
Academic & Research Institutional Centers
The world's highest per capita number of engineers
Leading Technological Institutions
Military – Unique Role of the Army
Defense establishment is major contributor to R&D and
significant customer
Culture
Risk taking is endemic, Pioneering Ethos
Informality is a way of life – everybody on first name basis
June 2006
Government Support
Policies supporting Investment and entrepreneurship
Initiation of the “YOZMA Program”
Encouraging legislation: R&D and Investment grants,
tax benefits and exemptions to foreign investors
R&D budgets, Chief Scientists Office incentives
Incubators Program
June 2006
Experienced Venture Capital Industry
More than 50 active VCs in the market
More than $10B raised since inception (1992)
4th round of capital raising underway
Mature legal, accounting & tax systems
Strong ties to international markets
Proven track record in:
Technology creation
Successful IPO’s and trade sales (M&A)
June 2006
Mature Israeli VC Industry
What Others Say About Us
“ There are, today, still only three “cities” where the early stage,
high technology, entrepreneurial process is really proven –
Silicon Valley, Route 128 and Israel ”
“ The Israeli high tech community is already well skilled and well
integrated into the global high tech arena. Legal, tax, accounting,
government policy… ”
Clinton P. Harris, Grove Street Advisors, June 15, 2005
June 2006
Multi National Leaders
Industrial Leaders:
IBM, Intel, Motorola, Microsoft, Cisco, Siemens
Building design centers, buying companies, training
managers
Institutional Investors & Foreign VC’s
Direct Investment in Israeli VC’s
Direct investment in Israeli companies
Eco
June 2006
Multi Nationals
with R&D Centers in Israel (Partial List)
Alcatel
Analog Devices
AMCC
Avaya
BMC Software
Boston Scientific
Broadcom
Computer Associates
CEVA
Cisco
Conexant
Freescale Semiconductor
GE Medical Systems
HP (including HP Labs)
IBM
Infineon
Intel
Interpharm
KLA-Tencor
Kollmorgen Servotronix
Marvell Semiconductor
Microsoft
Motorola
National Semiconductor
Oracle
Pfizer
Phillips
QUALCOMM
Samsung
SAP
Siemens
Silicon Graphics
Sun Microsystems
SunGard
Texas Instruments
Veritas Software
June 2006