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A review by drset
Start-Up Nation: The Story of Israel's Economic Miracle by Saul Singer, Dan Senor
5.0
Israel represents the greatest concentration of innovation and entrepreneurship in the world today.
It has the greatest concentration of engineers and research and development and It boast the highest density of start-ups in the world, with more companies listed in NASDAQ that the entire continent of Europe. Per-capita venture capital investments in Israel is 2,5 times greater than in the USA, 30 greater than Europe and 80 time greater than China.
It doubled their economic situation relative to America while multiplying the population 5 times and fighting three wars. A unique feat in the history of the world.
One explanation is that adversity and necessity breeds inventiveness. Other small and threatened countries like South Korea, Singapore and Taiwan can also boast growth records but none of them have produced an entrepreneurial culture.
Another factor in Israel’s success is the country’s military and defense industry.
It has the greatest concentration of engineers and research and development and It boast the highest density of start-ups in the world, with more companies listed in NASDAQ that the entire continent of Europe. Per-capita venture capital investments in Israel is 2,5 times greater than in the USA, 30 greater than Europe and 80 time greater than China.
It doubled their economic situation relative to America while multiplying the population 5 times and fighting three wars. A unique feat in the history of the world.
One explanation is that adversity and necessity breeds inventiveness. Other small and threatened countries like South Korea, Singapore and Taiwan can also boast growth records but none of them have produced an entrepreneurial culture.
Another factor in Israel’s success is the country’s military and defense industry.