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Why the Israelis are Extraordinary Innovators
by
Teresa Neumann : Nov 6, 2009 : Nissan Ratzlav-Katz - Israel National News
"The CEOs of many of the world's leading firms all agree that, if given the choice, they would choose to hire the average post-army Israeli over young people anywhere else, because the Israeli 'capacity to manage and lead at a young age and deal with real problems and have real perspective is unlike anything in the world.'"
Israeli society has some built-in—and some hard-earned—advantages, notes the report, that "facilitate Israel's generation of more start-up companies than Japan, China, India, Korea, Canada and the UK, as well as Israel's boasting the second highest number of companies listed on the NASDAQ stock exchange, after the United States itself." "Israel is the fastest growing, one of the most dynamic entrepreneurial and innovation-based economies on the planet, that barely got hit by the economic crisis," Senor told CNBC in an interview last month. Writes reporter Nissan Ratzlav-Katz: "Observing Israel's success, Senor said that he and Singer wondered 'how the Israelis pulled it off in the least likely of places, surrounded by enemies, in a state of war since its founding, no oil, no access to regional markets.' They then asked themselves, 'What can we in the West learn from it at a time that we are trying to reboot our own innovation economy....' According to the report, some of the reasons for this success include Israel's immigration and assimilation policies, the amount of money the nation spends on civilian research and development, young people's military experience, and a culture of overcoming adverse circumstances. The report quotes Senor as saying CEOs of many of the world's leading firms all agree that, if given the choice, they would choose to hire the average post-army Israeli over young people anywhere else, because the Israeli "capacity to manage and lead at a young age and deal with real problems and have real perspective is unlike anything in the world."
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