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Revisiting National Economic Planning and Industrial Policy: Concepts, Experiences and the Ecosystem Read chapter Read first chapter

2015 | OriginalPaper | Chapter

The State and the Development of High Technology Sectors in Israel

Author : Paul Rivlin

Published in: Economic Planning and Industrial Policy in the Globalizing Economy

Publisher: Springer International Publishing

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Abstract

The development of high technology (hi-tech) has been Israel’s success story: it has been the main source of economic growth in the last 20 years and there is much optimism about its future. Between 1990 and 2012 hi-tech exports rose tenfold and their share in total industrial exports rose from 30 % in 1990 to 47 % in their peak year of 2011. This chapter analyses the role of the state in this achievement.

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previous chapter Industrial Policy in a Small Open Economy: The Case of Ireland
next chapter A New Look at Innovation Policy: Twelve Recommendations
Footnotes
1
Calculated from Central Bureau of Statistics, Annual Bulletin of Statistics, Jerusalem, 2005, 2013.
 
2
see Office of the Chief Scientist, Ministry of Industry, Trade and Employment, Program to support Research and Development, 2011‐2013.
 
3
See Israel–US Bilateral Industrial Research and Development Foundation (BIRD) Annual Report 2012.
 
4
See Israel–US Bilateral Industrial Research and Development Foundation (BIRD) Annual Report 2011.
 
5
Venture capital (VC) is financial capital provided to early-stage, high-potential, high risk start-ups. It makes money by owning equity in the companies that it invests in.
 
6
See US–Israel Science and Technology Foundation. Israel 2028, 2008.
 
7
See Chief Scientist’s Support Program 2011–2012.
 
Literature
Arrow KJ (1962) The implications of learning by doing. Rev Econ Stud 29(3):155–173CrossRef
Avimelech G, Teubal M (2008) Evolutionary targeting. J Evolut Econ 18(2):151–166
Breznitz D (2013) Innovation and the state: political choice and strategies for growth in Israel, Taiwan, and Ireland. Yale University Press, New Haven
Central Bureau of Statistics (2005, 2013) Annual Bulletin of Statistics, Jerusalem
Dvir D, Tischer A (2000) The changing role of the defense industry in Israel’s industrial and technological development. Def Anal 16(1):33–52
Getz D, Segal V (2008) The Israeli innovation system: An overview of national policy and cultural aspects. The Samuel Neaman Institute, The Technion: Israel Institute of Technology
Getz D, Leck E, Hefetz A (2013) R&D outputs in Israel—A comparative analysis of PCT applications and distinct Israeli inventions. Samuel Neaman Institute, The Technion: Israel Institute of Technology
Nove A (1987) “Planned Economy,” The new Palgrave: a dictionary of economics, vol 3. Palgrave, London, p 879
Office of the Chief Scientist, Ministry of Industry, Trade and Employment. Program to support Research and Development, 2011–2012, Hebrew
Rivlin P (2001) Economic policy and performance in the Arab World. Lynne Reiner Publishers, Boulder
Rivlin P (2011) The Israeli economy from the foundation of the state through the 21st century. Cambridge University Press, Cambridge
Senor D, Singer S (2009) Start up nation: the story of Israel’s economic miracle. Twelve, Hachette, New York
Trajtenberg M (2000) R&D policy in Israel: an overview and reassessment national bureau of economic research Working Paper 7930 October 2000. www.​nber.​org/​papers/ w7930. Accessed 17 Dec 2013
Metadata
Title
The State and the Development of High Technology Sectors in Israel
Author
Paul Rivlin
Copyright Year
2015
Book
Economic Planning and Industrial Policy in the Globalizing Economy

Print ISBN: 978-3-319-06473-4

Electronic ISBN: 978-3-319-06474-1

Copyright Year: 2015

DOI
https://doi.org/10.1007/978-3-319-06474-1_12