Affiliated Organization

University of Amsterdam, Netherlands

Abstract

This study uses path dependence and analysis of feedback structures to identifythe determinants for developing a successful technology sector in Israel during the 1990s. Thefour determinants introduced in the study are: Entrepreneurship, Knowledge Base in the formof academy R&D, industry R&D and military R&D, Financial Base in the form of venturecapital and exit market and, Government programs that were specifically designed to stimulatethe development of entrepreneurial technology sector. We present a Causal model of thedevelopment of technology sector in Israel and discuss its generic applicability.

Volume

2

Issue

2

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