In the past several years, the government of Israel has launched innovative mechanisms to strengthen its life sciences industry, overcome oil dependency and sustain its high-tech leadership. Israel's actions in these diverse fields are united by a single theme: a spirit of innovation. To sustain this momentum, Israel needs to innovate from within as well: increase work force participation, decrease social and economic gaps, leverage local assets, build human capital and develop mechanisms for 21st-century governance. Our panelists will discuss recent initiatives to foster strategic planning in Israel, as well as new financing mechanisms and strategies being adopted and developed by Israel to spark greater innovation in health, energy alternatives, agriculture and water. What lessons for other knowledge-based economies can be gleaned from the creative initiatives under way in Israel?
Adjunct Senior Fellow, Council on Foreign Relations; Co-Author, "Start-up Nation: The Story of Israel's Economic Miracle"
Sir Ronald Cohen
Chairman, Bridges Ventures and The Portland Trust; Director, Social Finance
Head of the National Economic Council, Israeli Prime Minister's Office
Deputy CEO and Global Treasurer, Bank Hapoalim
Director General, Ministry of Finance, State of Israel