Coller Institute of Venture at Tel Aviv University

苹果公司的遗传基因 Ever since Steve Wozniak filed the first patent in 1977, Apple has been significantly increasing its yearly patent output: while only 19 were published during the first decade after its founding in 1976, currently about 100–200 patents are published each month. (see Table 1 and Figure 1 for details). Despite Apple’s usual secrecy surrounding its new product lines, this increase in patenting activity has led to wider public …

“风投之狼”的培养—波罗的海地区 This article tells a story of public efforts creating a venture capital ecosystem in an emerging part of the world – the Baltic States. The three young nations, together totalling only seven million people, managed to establish a vibrant entrepreneurial culture due to public initiatives and policies, aided by the American and European international financial institutions (IFIs), over the past 25 years. The IFIs played a crucial role in developing local capital markets, …

风投泡沫：郁金香、淘金热、互联网 A bubble is a very insubstantial thing,but it often traps even the wisest investor. Investing to launch a venture takes courage and discernment to make commitments in the face of huge uncertainties. But these uncertainties too often create a psychological environment where investors fall victim to forces of irrationality in their choice of investments and the valuations offered – forces that manifest as bubbles in investment valuations and …

企业在风投市场冒险 Corporate investors, also known as Corporate Venture Capitalists (CVCs), can be found in many industries and regions of the world. Yet, while the CVC phenomenon has clearly peaked over the past 10 years, it has experienced dramatic ebbs and flows since the first CVC wave of the 1960s. This article reviews the CVC phenomenon and its historical background and proceeds to highlight two critical success factors going forward. …