Abstract:

The national innovation system is a network composed of universities, enterprises, government and other elements, which, through institutionalized organizational activities and interactions, achieve the creation of new knowledge and technologies to promote economic development. Israel's sophisticated national innovation system is one of the sources of its strong innovative capabilities. Through the construction of systems for technology transfer, environmental support, and technology finance, Israel has achieved reasonable division of labor and good cooperation among universities, enterprises, and government, leading to global leadership in various innovation indicators. This report comprehensively studies Israel's specific practices, and its successful experience provides multiple insights for China: the government needs to take the initiative to construct the national innovation system, establish a market-based mechanisms for technology transfer, set up scientific and technological programs to support the industrialization of early-stage R&D results, and use government-guided funds to boost the financing of scientific and technological enterprises and the development of the venture capital industry.

Full Text: The National Innovation System Drives Technology Transfer: Insights from Israel