The Role of Multinational Companies in Israel - Part 2
summary
Government policy focuses on matchmaking and scouting and funding to reduce risk so startups and corporates run joint bilateral projects, consortia and incubators; an incubator reform 18 months ago brings multinationals in as owners (Nelson, Hutchison, Johnson & Johnson). Panel cites regulatory hurdles for bringing test vehicles, use of corporate labs and global customers as practical assets, and argues multinationals train traditional industries. Cited numbers: 290 multinationals in Israel, a recent quarter with export under $4 billion, and a BTI network of ~300 members covering ~25% of GDP.
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