The Story of Israel’s Economic Miracle
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?
With the savvy of foreign policy insiders, Senor and Singer examine the lessons of the country’s adversity-driven culture, which flattens hierarchy and elevates informality– all backed up by government policies focused on innovation. In a world where economies as diverse as Ireland, Singapore and Dubai have tried to re-create the “Israel effect”, there are entrepreneurial lessons well worth noting. As America reboots its own economy and can-do spirit, there’s never been a better time to look at this remarkable and resilient nation for some impressive, surprising clues.
From Publishers Weekly
Hampered by an Arab nation boycott that makes regional trade impossible and endowed with precious little by way of natural resources, Israel has beaten the odds to become a major player in the global business world, especially in the technology sector. With the highest number of startups per capita of any nation in the world and massive venture capital investment, Israel is one of the world’s entrepreneurship hubs.
Senor, senior fellow at the Council on Foreign Relations, and Singer (Confronting Jihad) track Israel’s economic prowess using a number of factors, including the social networks and leadership training provided by Israel’s mandatory military and reserve service, a culture of critique fostered by centuries of Jewish tradition and an open immigration policy for Jews that continually restocks Israel’s population with motivated people from around the world—all of which foster a business climate in which risk is embraced and good ideas are given a chance to grow. The authors ground their analysis in case studies and interviews with some of Israel’s most brilliant innovators to make this a rich and insightful read not just for business leaders and policy makers but for anyone curious about contemporary Israeli culture. (Nov.)
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“There is a great deal for America to learn from the very impressive Israeli entrepreneurial model… START-UP NATION is a playbook for every CEO who wants to develop the next generation of corporate leaders.”
(Tom Brokaw, special correspondent for NBC News, and bestselling author of The Greatest Generation )
“In the midst of the chaos of the Middle East, there’s a remarkable story of innovation. START-UP NATION is… a timely book and a much-needed celebration of the entrepreneurial spirit.”
(Meg Whitman, former CEO of eBay )
“Senor and Singer’s experience[s]…come to life in their illuminating, timely, and often surprising analysis.”
(George Stephanopoulos, anchor of ABC?s “This Week” )
“No one else, in my judgment, has written regularly about Israel in recent years with more clarity than Singer.” (William Kristol, Editor of The Weekly Standard )
“An edifying, cogent report.”
About the Author
Daniel Samuel “Dan” Senor (born November 6, 1971) is an American columnist, writer and political adviser. He was chief spokesperson for the Coalition Provisional Authority in Iraq and senior foreign policy adviser to U.S. Presidential candidate Mitt Romney during the 2012 election campaign. A frequent commentator on Fox News and contributor to The Wall Street Journal, he is co-author of the book Start-up Nation: The Story of Israel’s Economic Miracle (2009). He is married to television news personality Campbell Brown (from wikipedia)
Originally published: 7 September 2009
Page count: 320