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A Five-phase Entrepreneurial Oriented Innovation and Technology Policy Profile: The Israeli Experience


  • Gil Avnimelech


This paper presents a five-phase innovation and technology policy (ITP) profile based on the Israeli experience of the last four decades. This paper adds two additional phases to a previous paper. This ITP profile refers only to one specific start-up-oriented plan of action out of a multi-pronged strategy for innovation-based economic development. The goal of the ITP profile is promotion of a significant segment of start-ups within the high-tech cluster and to create a sub-segment of fast growing start-ups that eventually will became large companies with very high impact on the economic growth and development. A significant part of the ITP profile is triggering a venture capital (VC) industry, which has been recognized as a vehicle for latching into the information and communication technology (ICT) revolution. We suggest that the Israeli phase ITP profile presented here is a systematic and attractive approach to ITP design in general.

Suggested Citation

  • Gil Avnimelech, 2006. "A Five-phase Entrepreneurial Oriented Innovation and Technology Policy Profile: The Israeli Experience," European Planning Studies, Taylor & Francis Journals, vol. 16(1), pages 81-98, August.
  • Handle: RePEc:taf:eurpls:v:16:y:2006:i:1:p:81-98
    DOI: 10.1080/09654310701747985

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    Cited by:

    1. Amir Shoham & Gil Avnimelech, 2012. "The development of the successful high tech sector in Israel, 1969-2009," World Review of Entrepreneurship, Management and Sustainable Development, Inderscience Enterprises Ltd, vol. 8(1), pages 53-69.

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