Israel, a country the size of New Jersey and surrounded on all sides by hostile nations, has more companies listed on the NASDAQ stock exchange than the next five foreign countries combined. In this book, Dan Señor and Saul Singer, two Middle East experts, explain how Israel’s unique history and challenges have created such a favorable environment for high tech entrepreneurs.
In short, the authors credit a combination of five characteristics: Israel’s strategic isolation, the centrality of its military, its close connections with and support from its diaspora, and its pioneering origins. With references to history and by means of personal anecdotes, Señor and Singer introduce the reader to many of the people who have helped make household names of companies such as Intel, Cisco, Google, and many others equally important but less familiar as well as to visionaries such as David Ben-Gurion and President Shimon Peres who created a nation that values and encourages innovation.
A Council on Foreign Relations Book, Start-Up Nation is highly readable and opens the reader’s eyes to Israel’s uniqueness and explains how it differs from other countries also known for their high-tech industries such as China, Japan, Singapore, and South Korea. Bibliography, index, notes.