*Temple University's Center for International Business Education and
Research (CIBER) presents *

*A Faculty Development in International Business (FDIB): Israel*

*June 25- July 2, 2020*

*Israel: Innovation, entrepreneurship, and VC The Israeli "Start-up Nation"*

Israel is often considered as the “Start-up Nation”. Statistics show that
Israel has one of the highest incidences innovation and entrepreneurship,
with a population of only nine million. Producing one of the highest per
capita patent rates, Israel also has the largest number of startup
companies per capita in the world. It has the largest number of biotech
start-ups per capita and the highest level of R&D spending relative to GDP:
4.9% versus the OECD average of 2.3%. In absolute terms, Israel has more
startup companies than any country other than the US. With more than 7,000
high-tech companies and start-ups, Israel has the second most highly
concentrated cluster of high tech companies, following Silicon Valley.
Israel is ranked #2 in the world for venture capital funds right behind the
US. The State of Israel is itself the product of innovation in the face of
relentless necessity. Israel is a peculiar mix of scarce physical and
natural resources, limited financial reach, and a diverse population
disproportionately overrepresented across the full range of scientific and
artistic talents. Israelis have found ways to innovate in response to
necessity across all social and commercial dimensions – not just “high
technology.” Finance, media, agriculture, food, wine, healthcare,
education, disaster response, military and security strategies are all
arenas of innovation. The demographics, history and geo-political dynamics
of Israel are unique, but there are numerous lessons from the Israeli
experience of innovation that can be applied to other locations and
organizations. In recent years, many US based VCs have opened Israeli funds
and/or Israeli offices. Outside the United States and Canada, Israel has
the largest number of NASDAQ listed companies.

In addition to the robust academic content, participants will have a chance
to explore the history of the Holy Land in the last 4,000 years. The visits
will include Nazareth, Jerusalem, Jaffa, Dead Sea and Masada. The journey
will also include cultural activities like meeting people from different
ethnicity of the Middle East and being exposed to local cuisines.

Some of the key learning outcomes will include:

• Significant exposure to the Israeli innovation and entrepreneurial

• A better understanding on how the flow of technology and information
among people, enterprises and institutions is key to the innovative process
at a national level;

• Explore approaches to applying the Israeli experience to other countries,
regions and companies and;

• Understand how Israeli entrepreneurs and venture capitalists identify
opportunities, design potential solutions and build new enterprises.

The Israeli immersion experience is being led by Fox School of Business
Associate Professor Dr. Amir Shoham, an Israeli citizen with deep ties to
the Israeli innovation ecosystem.

*PROGRAM FEE:  *$4,000 per person


   - Accommodations (single occupancy)
   - Corporate visits
   - Cultural activities
   - Some meals
   - In-country transportation

*DEPOSIT:* A $500 non-refundable deposit is due at initial time of
registration. Final payment and registration deadline is March 6, 2020. A
guest package is also available. The guest rate is $1,570 and includes;
accommodations in a double room, group meals and entrance fees to sites.

*QUESTIONS?* Please contact Jeffrey Conradi at [log in to unmask]

I do hope you take advantage of this wonderful international opportunity.

All the best

Amir Shoham

AIB-L is brought to you by the Academy of International Business.
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