His parents immigrated from Bessarabia in Canada. Born Richard Alan Malt is senior research fellow at the S. Neman Institute for National Policy Research, Technion. From 1995 until 2003 he held the Sondheimer Chair in Economics in the Davidson Faculty of Industrial Engineering & Management at Technion. His research work focuses on Behavioral Economics, Global Macroeconomics, Creativity and Entrepreneurship and Innovation. Maital was Lecturer, Senior Lecturer and Associate Professor at Tel Aviv University from 1967 through 1979. In 1979,he became Associate Professor in the Davidson Faculty of Industrial Engineering & Management, Technion. In 1995 he was awarded the Sondheimer Chair in Economics. In 1998, he was appointed Academic Director of TIM-Technion Institute of Management, a position he held until 2009, when TIM was officially closed. From 1984 through 2003, for twenty years, Maital was a Visiting Professor ni the Management of Technology and Sloan Fellows programs at MIT Sloan School of Management, during the summer months. During 1987-1988, on leave from Technion, Maital served as Director of the National and Economic Planning Authority, Ministry of Economics and Planning of the Government of Israel. Maital taught innovation and entrepre- neurship for several decades in business schools al over the world, including those ni Germany, France, U.S., South Africa, Singaporeand China.