Many try to answer the question: “How is it that Israel—a country of 7.1 million people, only sixty 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 United Kingdom?”. Dan Senor and Saul Singer suggested answers in their well known, best-selling book from 2009, “start-up nation”. They believe the main reasons for Israel’s success is the entrepreneurial spirit, a sense of dissatisfaction with the current state of affairs, a culture where individuals frequently tinker with technology and government policies friendly to start-ups.
Israel has transformed itself from a stretch of farmland into a high-tech wonder, with more than 4,000 active technology start-ups. R&D centers for world-renowned technology giants, including Intel, Google, Apple, and Microsoft are spread around the country.
Israel has more companies listed on New York Stock Exchanges (NYSE, AMEX, NASDAQ) than any other country except the United States and China and counts IT security company CheckPoint among its home-grown successes. Other companies with their roots in Israel are ICQ, Kinect inventors PrimeSense, web community-based GPS system Waze, Comverse, Amdocs, Mellanox and face recognition API Face.com, recently purchased by Facebook.
Israeli entrepreneurs always look for the next big thing…why won’t you join them?