Entrepreneurs are becoming less arrogant and more realistic.
Technology is the key to productivity, and technology remains strong in Israel.
Therefore, I believe that we will be successful in the long term. Vernia took pains to clarify that, contrary to popular perception, he is not the chief scientist of the State of Israel. The problem is that other chief scientists do not have a budget, and thus they are reduced to the role of consultants. Vernia specified the goals he has set for the CSO, in addition to his previously announced plan to introduce more elements of privatization into the technology incubator system. Last year, one-third of our budget was covered by income from such royalties.