Expanding Hi-Tech Centers to the Periphery: Adding the Galilee and Negev to the Mix

Israel needs to open up hi-tech to new communities in new regions and create innovation centers in the periphery as well as establish new growth areas — that according to Erel Margalit Ph.D., founder and Executive Chairman of the Jerusalem-based venture capital firm Jerusalem Venture Partners (JVP). Dr. Margalit is also the founder of two non-profit organizations: Bakehila and Israel Initiative 2020, establishing seven regions of excellence that combine technology and education.
 
Quote: ”The concept that any business activity dealing with innovation must come from Tel Aviv is wrong. There are major innovations such as food tech, agro-tech, and digital health that seek their resources elsewhere.” Margalit cautions that Israel has a workforce crisis that is being felt throughout the hi-tech industry. “Israel needs to open up hi-tech to new communities in new regions. It must create innovation centers in the Periphery and establish new growth areas.”
 
Sources: Wikipedia (introduciton), The Jerusalem Post (introduciton and quotation)
 
Learn more about Dr. Erel Marglit from Wikipedia. ►
 
Read ” ‘Galilee, Negev will be next dimensions of Israeli hi-tech’ ” ►
 
Read “Open Valley Is Spreading High-Tech Across the Whole Country” ►
 
Photo: Jerusalem Venture Partners
 
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