The Hi-Tech Sector in Time of Crisis

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Presentation transcript:

The Hi-Tech Sector in Time of Crisis Orna Berry, Ph.D. Venture Partner, Gemini Israel Funds Chair Israel Venture Capital Association (IVA) 2028

From Incentives to Growth Israel’s only advantage - technological innovation Dual economy – income differences Slow growth since 1973 Globalization challenges Low participation rate in the work force Reduction in academic standing, research and teaching

Long Term Planning  Quality of life Employment and personal income Scientific and technological might Culture Innovation and enterpreneurship Economic growth Narrowing gaps Survival…

Keep pushing! How to Strive? Excel in our education – aspire to be the best in the world Keep raising the bar in education Teach innovation and creativity Strengthen partnerships between academia and industry Support sophisticated, small ($20M-$50M) industries – if you want to be large, gather many small… Government support should match or even exceed other countries’ incentive plans Keep pushing!