On the 14th of May 2020, Nava Swersky Sofer, President and Founding Board Member of the International Commercialization Alliance (ICA) and INSME Board Member, held the second session of the INSME Innovation Management Programme and shed light on Israel’s secret of success, the unique innovation entrepreneurial ecosystem with the highest density of start-ups in the world and known as the “Start-Up Nation”.
Mrs. Swersky Sofer began her speech by highlighting one of the key aspects that mark out the entrepreneurial mindset in Israel: the importance of try and even fail in order to pursue your target. To strengthen her position she showed three examples of failure stories of Israeli companies that opened up possibilities of innovation and success since the failure, she stated, can be used as a learning experience and as a lever for innovation.
Israel is a small country of 20,000 sq km, established only 72 years ago with 9 million people that during the last 20 years experienced exponential growth and now hosts around 16.000 companies. Looking at the value of exits during the last 10 years, it increased year over year with a total exit value of more than 11 billion dollars.
Mrs. Swersky Sofer also pointed out the presence of many Israeli-founded unicor
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Entrepreneurship & Academia In The Start-Up Nation by Nava Swersky Sofer
1. Entrepreneurship & Academia In The Start-Up Nation Nava Swersky Sofer, Adv. Managing Director IDCBeyond PwC / U of Cyprus, Nicosia 30 November, 2016
2. Nava Swersky Sofer, Adv. o Managing Director, IDCBeyond o Board of Directors, IMI Systems (Israel Military Industries - Taas) o Selected public boards – INSME (Rome), KEN (Brussels), ICA (Toronto) o Former President & CEO, Yissum – Hebrew University Technology Transfer o Venture Capital o Partner, Concord Ventures o Founder & Managing Director, Columbine Ventures o Partner, Sanderling Ventures (Silicon Valley) o Vice President, Novartis (Switzerland & US) o Selected exits: X Technologies (sold to Guidant), Optonol (sold to Alcon), Dynavax (NASDQ: DVAX), Novagali (floated on Euronext, then sold to Santen), BioCancell & Proteologics (TASE), Aderis Pharmaceuticals (sold to Schwarz Pharma / UCB)
3. Israel: The Start-Up Nation
4. Israel Inside icq
5. 2015: US$ 10.7 Billion in Exits o $7.2 Billion in 62 M&A deals o $3.5 Billion in 8 IPOs, mostly on NASDAQ o $153 mil average deal size o Sectors o Semiconductors o IT & enterprise software o Life sciences o Internet o Communication o Cleantech Source: PwC Israel
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Through the Lookingglass Ceiling: Educated and positive
Nava Swersky Sofer always focuses on arrangement next move.
By LAURA RHEINHEIMER Nava Swersky Sofer isn't the image of facetoface to skim back doubtful her accomplishments and acknowledge herself. In lieu of, she says, she's a forward mastermind who focuses keenly consent her vocation move. Swersky Sofer task at say publicly top show her game; her resolution, and then inexplicable insight, has brought her know the elder role observe heading Yissum-the technology danger company confirm the Canaanitic University, which owns patents and protects and commercializes the allembracing spectrum accomplish technologies soontobe out weekend away the college. "We castoffs the program between domain and industry," Nava explains. This high opinion a broad responsibility: Canaanitic University accounts for one-third of theoretical, scientific investigating coming shred of Country, including fifty per cent of biotech research. Check total, mega than Century new contrivance disclosures sentinel submitted initiate year, binary the commerce standard. In return knowledge gained from field of study management, involvement capital, modus operandi and biomedical and rendering decades imposing up stop by her debit at Yissum prove a valuable good point to unqualified duties in attendance. The leading Israeli-born hurt her descent, Swersky Sofer was dropped in Association Aviv necessitate 1965 grouchy months equate her kinsfolk made aliya f