How did ISRAEL turn its soldiers into entrepreneurs?
Israel is a young state. It was only declared independent in 1948. And since its creation, few could have imagined the economic success it has enjoyed. Because despite being located in a conflict-ridden region, bordering Lebanon, Syria, Jordan, Palestine and the Gaza Strip, Israel has achieved an economic miracle. Its level of income per person is at the level of countries such as France, Italy, Spain and Portugal. And the main reason that can explain this economic miracle is the accelerated growth of its technology sector. In fact, after the United States and China, Israel is the country with the most companies listed on the Nasdaq, the second largest stock exchange in the United States, which is known for housing the world's most important technology companies. The striking thing is that the United States has 330 million inhabitants, China has 1.4 billion and Israel has only 9 million. That's why Israel has earned the reputation of being the Startup Nation. But there is something that is even more striking, and that is the fact that the Israeli military is the main source of talent and innovative ideas for the technology sector. So the questions are: how did Israel manage to overcome the obstacles concerning its size and location? How does Israel turn its soldiers into entrepreneurs? And why aren't ultra-Orthodox Jews part of the Israeli tech boom?
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Some sources of interest:
Bloomberg. How Israel Turns Its Soldiers Into Entrepreneurs
• How Israel Turns Its Soldiers Into En...
Forbes. Secrets To Israel's Innovative Edge
https://www.forbes.com/sites/davidyin...
The Wall Street Journal. Israel's Tech Sector is Booming, But Not for Everyone
https://www.wsj.com/podcasts/google-n...
Music:
Whatdafunk by Audionautix is licensed under the Creative Commons Attribution License (https://creativecommons.org/licenses/...)
Artist: http://audionautix.com/
#economíaydesarrollo #israel #startup
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