Robin Shepherd
robinshepherdonline.com
24 November 09
If you haven’t seen this story from the Wall Street Journal, you need to. Reviewing an extraordinary new book: “Start-Up Nation,” by Dan Senor and Saul Singer, the piece begins by quoting an executive from British Telecom thus:
‘There are more new innovative ideas . . . coming out of Israel than there are out in [Silicon] Valley right now. And it doesn’t slow during economic downturns.”
And, the piece goes on to say of the Jewish state:
“Civilian research-and-development expenditures run 4.5% of the gross domestic product—half-again the level of the U.S., Germany or South Korea—and venture-capital investment per capita is 2½ times that of the U.S. and six times that of the United Kingdom. Even in absolute terms, Israel has only the U.S.—with more than 40 times the population—as a challenger.”
Posts
No comments:
Post a Comment