Government Encouragement for Multinational Investment in Life Sciences
This research suggests a financial model that will serve as a framework to coordinate the needs and interests of the Israeli government, multi-national corporations, and the life-sciences industry. The model takes into account the unique conditions required for projects in life sciences (long development duration and guaranteed budget for this period), and the current trend among life-sciences MNCs to reduce their internal R&D activities at R&D centers. Accordingly, the model is based on strengthening cooperation between the MNCs and Israeli companies.