Israel also has “the highest density of startup companies of any country in the world — about one startup for every 2,000 people.” In addition, Top technology companies like Google, Microsoft, Intel, Facebook, Oracle, and many more, conduct crucial R&D operations right in Israel. And what can the United States learn from Israeli innovation with regards to successful strategies? which include venture capital funds, R&D centers of multinational corporations, local small and large companies, technological and business incubators, acceleration programs for startup companies, commercialization companies of universities, hospitals, academia and service providers. All of this goes to show that when as in Israel innovation is mandated and expected, rather than serving as a secondary suggestion like in the US, transformative ideas become reality. Final ThoughtsThere is no secret sauce to Israel’s success as a startup nation.

Source: Forbes May 29, 2020 21:22 UTC