Brochure

LinkedIn: http://linkd.in/1G31q38

OfďŹ ce of International Affairs T: +91-80-2899 3396 / 3362 E-mail: oia@iimb.ac.in

Israel Centre at IIM Bangalore

Introduction India and Israel have had a long and fruitful history of bilateral development cooperation, especially since 1992 when formal diplomatic relations were established. With the new emphasis of the Indian government on promotion of entrepreneurial activity, the business and academic contacts between the two countries assumed heightened signiďŹ cance. The recent visit of the Prime Minister of India to Israel emphasized the prominence of the relationship and heightened public awareness, particularly in Israel.

Traditionally, economic partnership between India and Israel, has been in the defence and aerospace sector.

There are immense opportunities in extending the scope of partnership to other domains. These include agrifood-tech, digital health, ďŹ n tech, Industry 4.0, mobile and telecom, and water and energy.

India-Israel economic relationships are based on a fundamental complementarity. Israel offers a vibrant technology-based innovation and entrepreneurship ecosystem. India seeks to gain from this because of its strong aspirational entrepreneurial spirit. India offers a large market with innovative opportunities for penetration.

Israel seeks to gain from this because of its strong aspiration for market scale up.

Given the nature of complementarity, the essence of the India-Israel business relationship will be boosted by a deeper appreciation of the strengths and weaknesses of the two sides, and the judicious and contextually intelligent structuring of collaboration.

With such an increase in business collaboration between India and Israel, some areas of opportunity, which need deeper academic and managerial involvement, are emerging. These include understanding of technology innovation, business strategy and history, government policies and culture. This provides the scope for collaborations amongst academic institutions between the two countries.

During the Israeli President's visit to India in November 2016, more than 20 agreements were signed between the heads of Israeli and Indian universities aimed at increasing academic cooperation, student and faculty exchanges, and research partnerships.

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Israel-centric Work at IIMB ▪ IIMB has years of ongoing academic programmes, research collaborations and student exchange programmes with leading Israeli academic institutions and, especially, with Tel Aviv University (TAU), in the last four years

▪ Faculty at IIMB have been involved in Israel-related research. Scholars from Israel have visited IIMB for research seminars and conferences

▪ IIMB has an exchange relationship with Coller School of Management at TAU that has participation from the Post Graduate Programme in Management (PGP) students

▪ The Coller School also has an International Exchange Week which has participation from the Post Graduate Programme in Enterprise Management (PGPEM) students

▪ Technion is part of the Global Network for Advanced Management (GNAM) which allows IIMB and Technion students to take courses, during specific weeks, in the network's schools

▪ Israel-centric teaching at IIMB, particularly the course 'Developing Technology Partnerships between Indian and Israeli Firms', is jointly taught by faculty from Coller School and IIMB, and involves live projects that require students to spend time in Israel

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Why Israel Centre at IIMB? Currently, there are only nascent initiatives in India among academic institutes, and particularly none in management institutes to create, share and disseminate knowledge in the relevant areas of Indo-Israeli business with an objective to create an informed cadre of managers, entrepreneurs and scholars.

IIMB is ideally positioned to start an Israel Centre, as it has ongoing academic collaborations and student exchange programmes with Israeli institutes of higher learning. Focused activities of the Israel Centre at IIMB will be aimed at stimulating, strengthening and sustaining Indo-Israeli academic-business interactions. Israel and the state of Karnataka, particularly Bangalore, are hubs for creativity and innovation, havens for start-up ecosystems and research. This centre, dedicated to Israel on the premises of IIMB, will help fulfil the talent and potential of both the sides to the fullest.

Mission of the Centre ▪ To act as a hub for research on Indo-Israeli interactions in the fields of technology innovation, business strategy and history, government policies and culture, by uniting scholars, business community and students

▪ To help Israeli/ Indian business communities integrate with Indian/Israeli business environment

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Objectives ▪ To become a knowledge centre of Israeli technology innovations, business strategy and history, and culture ▪ To nurture ongoing relationships with centres of Indian studies in higher education institutions in Israel ▪ Public service (making available the results of academic research/teaching on the Centre's focus areas to the public and private sector of India and Israel through various initiatives)

Proposed Activities ▪ Enhance the course, Developing Technology Partnerships between Indian and Israeli Firms ▪ Support exchange programmes between Israel and IIMB ▪ Create specific Executive Education courses for Indian and Israeli management personnel, including on management of innovation

▪ Host international seminars, workshops and conferences on Israel-India centric business themes, and government and foreign policies

▪ Develop research and case studies of Indo-Israeli projects and businesses ▪ Nurture the entrepreneurial spirit by creating training programmes for stakeholders of the start-up ecosystem: ▪ in Bangalore and India for technology-based innovation ▪ in Israel for market scale up

In order to ensure efficient execution of various activities listed above, the Israel Centre at IIM Bangalore looks forward to receiving financial and other forms of support.

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Israel

Total Area: 20,770 sq km

(about x 158)

Population 8,522,000

92.1%

Total Area: 3,287,263 sq km

India

Population 1,251,695,584 (about x 147)

Urban Population:

32.7%

Life Expectancy: 82.27 years

GDP $ 296.1 billion GDP/Capital (PPP): $33,700

68.13 years

$ 7.965 trillion $6,200 11