The Role of the State in the Creation and Development of an Ecosystem of Venture Capital Investment, Startups and Technological Innovations in the Israeli Economy
State programs for support, development and stimulation of venture capital investment implemented in the State of Israel between 1990 and 2024 have created a world-class innovation ecosystem. This study is devoted to the role of the state in stimulating venture capital investment within the country...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Financial Research Institute
2025-04-01
|
| Series: | Финансовый журнал |
| Subjects: | |
| Online Access: | https://www.finjournal-nifi.ru/images/FILES/Journal/Archive/2025/2/statii/08_2_2025_v17.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | State programs for support, development and stimulation of venture capital investment implemented in the State of Israel between 1990 and 2024 have created a world-class innovation ecosystem. This study is devoted to the role of the state in stimulating venture capital investment within the country as part of the creation and development of the technological sectors of the state economy. The author formed a comprehensive view through the prism of Israel’s historical experience on the system of state support for venture investors, identifying elements of successful state experience that can be replicated in other countries. The advantages and disadvantages of key state support programs for the innovation ecosystem were considered: Magnet, Magneton, Magnet Consortia, Tnufa, Yozma, Yozma-2, Superfund, the incubator and accelerator programs. The results of the state support programs were evaluated through an analysis of their impact on the KPIs of the venture ecosystem in Israel. The relevance of the research topic is due to the growing role of state institutions and programs in supporting and stimulating the innovative economy, developing small technology companies, attracting venture capital investment to achieve technological sovereignty of the country. |
|---|---|
| ISSN: | 2075-1990 2658-5332 |