From oranges to technology

4 05 2012

30 years ago, Israel was a major exporter of oranges (like Valencia). Thanks to massive entrepeneurship, nowadays, Israel has shifted to sell software, patents, and  engineers. This doesn’t happen everywhere. In Valencia, the orange export bussiness has largely decayed, but high technonology did not replace it.

The book START-UP NATION addresses the trillion dollar question: How is it that Israel – a country of 7.1 million, only 60  years old, surrounded by enemies, in a constant state of war since its founding, with no natural resources— produces more start-up companies than large, peaceful, and stable nations like Japan, China, India, Korea, Canada, and the UK? How is it that Israel has, per person, attracted over twice as much venture capital  investment as the US and thirty times more than Europe?

Israel has more companies on the tech-oriented NASDAQ stock exchange than any country outside the US – more than all of Europe, India, and China combined. Nor is Israeli innovation limited to computers, security, and communications; the Jewish state leads the world in medical device patents, and is a strong global player in cleantech and biotech.

Drawing on examples from the country’s foremost inventors and investors, foreign policy insiders Dan Senor and Saul Singer describe how the country’s adversity-driven culture, flattened hierarchies, and government policies create a society that uniquely combines both innovative and entrepreneurial intensity.

As the authors argue, Israel is not just a country, but a comprehensive state of mind. Where Americans emphasize decorum and exhaustive prep, Israelis put chutzpah over charm. “When an Israeli man wants to date a woman, he asks her out that night. When an Israeli entrepreneur has a business idea, he will start it that week,” as one analyst puts it.

http://www.startupnationbook.com/


Actions

Information

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




%d bloggers like this: