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Israel Startup Nation - Decoding the Israeli start up culture

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3.9.2012 Finland - Israel Business Seminar - Finpro

Published in: Business, Economy & Finance
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Israel Startup Nation - Decoding the Israeli start up culture

  1. 1. Decoding the Israeli start up culture
  2. 2. Agenda What makes Israel a startup nation? Whats in it for you?
  3. 3. Israel VC industry – Facts and Figures 70 Israeli and 220 international active VCFs (Tech) 2011, Israeli high-tech companies attracted $2.14billion 2011, Israel led the world in venture capital invested per capita, OECD 2011 Highest startup/population ratio in the world Israel has more companies listed on the NASDAQ stock exchange than any country. 50% of the world leading technology companies have R&D centres in Israel
  4. 4. MNE’s with R&D centres in Israel
  5. 5. Israel’s startup ecosystem Supportive Experienced Government Corporate Entrepreneurs Spinoff/R&D Research Vibrant VC Startup Institutions/ Industry Ecosystem Incubators Defence Technology Academic Spill Over Innovative Institutions Entrepreneurial Culture
  6. 6. Israeli Entrepreneurial Culture Compulsory army service  Uncertainty  Social skills  Leadership and management skills Constructive failure  Supportive incorporation / liquidation legislation Informal business culture  Power distance (Hofstede)
  7. 7. Whats in it for you? Knowledge sharing –  Cooperative R&D Finance Finland/Israel  Russia Innovation - Practice
  8. 8. Kiitos Paljon

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