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Start-up Nation : The Story of Israel's Economic MiracleOnly IsraelБЂ™s founders had the temerity to try to start up a modern first-world country in the region from which their ancestors had been exiled two thousand years earlier. So what is the answer to the central question of this book: What makes Israel so innovative and entrepreneurial? The most obvious explanation lies in a classic cluster of the type Harvard professor Michael Porter has championed, Silicon Valley embodies, and Dubai has tried to create. It consists of the tight proximity of great universities, large companies, start-ups, and the ecosystem that connects themБЂ”including everything from suppliers, an engineering talent pool, and venture capital. Part of this more visible part of the cluster is the role of the military in pumping R&D funds into cutting-edge systems and elite technological units, and the spillover from this substantial investment, both in technologies and human resources, into the civilian economy. But this outside layer does not fully explain IsraelБЂ™s success. Singapore has a strong educational system ...» |
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