EVENT. The Israel-France Chamber of Commerce, Tal Business School, Developers Institute, ESCP Europe (GTI Lab), Challengy (France) presents a special evening on September 4th at 5.30pm. Theme of the evening: “ENTREPRENEURS OF THE FUTURE, TEL-AVIV LIVE”. Two parties in the evening open to 160 people: from 17:30 to 19:00, “Startup Show” presented by André Dan who will introduce a delegation of businessmen from France (more than 20 people of the Challengy delegation). At 7 pm, presentation of the book “Israel Valley, the technological shield of innovation”.
TO KNOW. Release of the new edition of the book “Israel Valley, the technological shield of innovation” Edouard Cukierman and Daniel Rouach. September 4 at 17:30, in the presence of 160 guests, the book will be presented by the authors. (Location: Discount Bank – Yehuda Halevy Street 27, Messada Room – 4th Floor Registration Required by Jeanine Tuil.)
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TO KNOW. 5 years after the release of their book “Israel Valley, the technological shield of innovation”, we met the authors who have just made the reissue of it, at the end of May, Editions EMS.
Israel Valley: What triggered the re-edition of the book?
In terms of technological innovation, 5 years is an eternity! Economic actors have disappeared, others have imposed themselves; domains like Big Data, ClanTech, IoT or cryptocurrency appeared in the landscape and needed to be reintegrated into the general perspective of Israel.
It took us seven years to write the first edition and as one of the originalities of the book was to give scientific dimension to the shield, the technological evolution of these last years led us to proceed to a redesign of a large part of our texts to stick to the reality.
Israel Valley: Is technology essential to Israel’s “secret”?
Israel’s strength lies not only in its economic and military power. It is constituted by its state of mind, a mixture of initiative, intelligence and creativity that young people acquire in the army and reinforce them when they start or create start-ups.
The major element is the human factor, which is intrinsically linked to Israel’s culture in relation to innovation.
All over the world, the Israeli model fascinates, especially in China. Moreover, the book “Israel Valley, the technological shield of innovation” has been translated in chinese and is very successful.
Israel Valley: What has changed the most since 2013?
One of the unique elements in Israel is that it is the only country that feels strong enough to “sell” its technology abroad. Recall that 95% of the funds invested in venture capital funds do not come from Israel but from pension funds or foreign insurance companies. We accept this situation because we know that we will turn it to our advantage.
In addition, the Israeli ecosystem has not yet allowed the emergence of large-scale national champions and it is defined more as a successful model of production and sales of start-ups than as a country that structurally impose on others. But our know-how also has a market value and we can mention the Chinese billionaire Li Ka-shing who just invested $130 million to create, in southern China, a subsidiary of the Technion, the Technological Institute of Haifa, one of the jewels of technological entrepreneurship in Israel.
The secret of the Israelis is to use the little money they have at their peak. It’s a pretty impressive mode of operation.
Israel Valley: What is your vision of Israel?
70 years after its creation, Israel remains a young and threatened country whose image is often distorted in many countries, including France. We must continue to defend our values and actions.
The book we have written is deliberately nonpartisan to give a global view of our strengths and weaknesses. However, if many companies led by GAFA are established in Israel (Google, Facebook, Intel, eBay, Orange or Siemens and now those from China), it is that they find their interest.
Israel is a very hard country, but we are constantly developing innovations in the aerospace, space and biotechnology sectors. Israeli civilians work hard in the medical sector and resort to military technology transfer.
Thousands of people have been saved. This is one of the know-how of this country and it must be recognized!
PRESENTATION OF THE BOOK BY THE EDITOR.
Israel Valley: The technological shield of innovation
World leader in computer security, listed among the pioneers of unmanned aviation, medical imaging and drip irrigation, Israel is the country where start-ups and innovation flourish.
Many multinationals, from Intel to IBM via Microsoft, Cisco, Google or Johnson & Johnson have opened R&D centers in Israel.
Is Israel’s dynamism linked to the characteristics of this unique country: young, poor in natural resources and fragile geographical situation?
What lessons can other countries and their companies draw from the Israeli experience?
The “technology shield of innovation” model, originally intended to protect the country, has since become the source of the transfer to the civil side of many innovations. But it also reflects a state of mind, of which adaptation, multiculturalism, risk-taking and partnership development are the key principles.
Nurtured with numerous examples of companies and testimonials from managers, this book will be of interest to aspiring entrepreneurs as well as managers and investors.
This post is also available in: Français (French)