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21 MoUs were signed between universities of Indian and Israel during Israel PM’s India visit

By   /  November 26, 2016  /  Comments Off on 21 MoUs were signed between universities of Indian and Israel during Israel PM’s India visit

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Bangalore: India and Israel are celebrating 25 years of diplomatic relations which is marked with deepening economic, political and academic ties between the two countries. Indian Institute of Management Bangalore (IIMB) and Coller School of Management at Tel Aviv University have been collaborating over the last two years to contribute to these deepening ties. They jointly offer a course to IIM Bangalore students to develop technology partnerships between firms in India and Israel.

 While 28 students had enrolled for the course last year, this year 46 students have enrolled for the course. The premise of the course is the needs and opportunities in India that are not addressed because of a lack of certain technologies, and existing technologies in Israel that might fill the gap if they find Indian partners who can help scale the business for India and India-like markets.

Addressing IIM Bangalore students bound for Tel Aviv on 22 November 2016, Yael Hashavit, Consul General of Israel, urged them to identify technology opportunities and forge strong bonds. Highlighting the evolving India-Israel relations and technology collaborations, Yael Hashavit pointed out that the two countries complement each other as they have so much in common. She said that Israelis are open and non-formal.

She briefly touched upon the Israeli President Reuven Rivlin’s visit to India last week. She stated that it was a long visit as he wanted to review a lot of ongoing joint projects between the two countries in diverse fields. Altogether 21 MoUs were signed between universities. “But signing MoUs is not enough; we need to take it forward. This is where you step in,” she told the students, “because you are the ones to see what we can do together.

She emphasized on the need for India and Israel to increase engagement at the government-government level, firm-firm level and people-people level for mutual benefit, and also stressed on the scope for Israel to help Indian firms with technology, and the scope for Indian firms to help Israeli firms to achieve scale.

The course is anchored at IIM Bangalore by three faculty members – Professor Abhoy K Ojha from the Organizational Behaviour & Human Resources Management area, Professor Anshuman Tripathy from the Production & Operations Management area, and Professor Suresh Bhagavatula, Chairperson, Entrepreneurial Ecosystem Development, NSRCEL, and at Coller School by Professor Gadi Ariav. They worked together to develop and offer the first version last year and a newer improved version this year.

According to Prof. Abhoy K Ojha, “This course itself may be seen as a partnership that has gone through different stages, with its ups and downs, and now is a living example of how such relationships can be forged given the right context and committed collaborators.”

According to Prof. Gadi Ariav of Coller School, “The course is a concrete and systematic exploration of opportunities to develop technology partnerships between entrepreneurial firms in India and Israel. The inaugural project last year eventually yielded two serious business propositions which are explored directly by the corresponding Indian and Israeli businesses. The exploration is again the focal point of an innovative course offered at IIMB which will culminate with a field study in Israel, where the class will be hosted by Tel Aviv University and will meet the companies that the students had studied and found attractive candidates for tech-transfer joint ventures. This repeated Indian-Israeli academic joint venture solidifies the relationship of India’s leading higher management education institute with Israeli higher education in general and Tel Aviv University in particular.”

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