Products from Israeli universities and hospitals earn $20b sales
Yissum CEO Yaacov Michlin: Each $1 million in exports creates 15 jobs.
Yissum Technology Transfer Company of the Hebrew University of Jerusalem president and CEO Yaacov Michlin added that this activity creates high-quality jobs. He estimated that each $1 million in exports creates 15 jobs.
Intel Israel president Mooly Eden said that, from his perspective as a company, industry sometimes beats academe. "It is necessary to build models in which academe can legally receive industry's know-how, because it is a shame for it to begin from zero." He added, "I regret that I lack the stamp of Israeli academe anywhere in an Intel chip, except that my developers in Israel are the product of Israeli academe. I want the inventions of Israeli academe to be embedded in the chip. This would better Intel Israel's position vis-a-vis Intel Corporation. Ireland cannot offer this because Irish academe is not of the same quality."
Published by Globes [online], Israel business news - www.globes-online.com - on June 13, 2012
© Copyright of Globes Publisher Itonut (1983) Ltd. 2012
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