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Israel: A Knowledge Region Case Study
Abstract
This chapter focuses on knowledge based development in regions, based on Israel’s experience. Israel, a small country in the Middle East, is a very unique case of a knowledge based region. The authors have extensively studied Israel as an innovative region in different contexts. Since 1998 they published three Israel Intellectual Capital Reports for the Israeli Government. During 2007 the authors led a study for the European Commission focused on regional innovation systems. This study has aimed to measure the effectiveness of participation in ICT (Information Communication Technology) EU projects on the EU innovation system at the regional level. Israel was selected as a regional best practice though it is a nation state and not a region since it is as small as a region, and since the authors had good relevant data from the previous IC reports and since Israel is consistently recognized as one of the most innovative countries in the world. The authors discovered that an Intellectual Capital audit is a powerful and useful framework to understand the effectiveness of regional innovation systems, offering the possibility for evidence-based future policies rather than retrospective performance analyses. This chapter demonstrates the case of Israel as a knowledge-based region, as well as critical success factors for regional innovation systems.
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