What are the attributes of a successful entrepreneur? What drives talented innovators? These were some of the probing questions asked by new TAU benefactor and Honorary Doctor Miles S. Nadal at the inauguration of the new Miles S. Nadal Institute for Technological Entrepreneurship. The Institute will encourage innovation at the University, especially among the up-an-coming generation of creative thinkers and inventors.
New technologies arising from university-based research often get stuck at the early stages of development. As a result, many discoveries with promising commercial potential never make it out of the lab. Mr. Nadal’s support will help ensure that more lab breakthroughs make their way into the real world and improve quality of life. It will also help enable the University to obtain fair valuation in the technology transfer and licensing process.
The Institute reflects Mr. Nadal’s belief that entrepreneurship and innovation is the key to Israel’s economic success. “Israelis have innovation in their DNA,” he told a group of senior TAU officials, young entrepreneurs and gifted high-school pupils at inauguration which was held on campus during the 2012 TAU Board of Governors meeting.
Source: Tel Aviv University
