Israel Startup Nation - Decoding the Israeli start up culture

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3.9.2012 Finland - Israel Business Seminar - Finpro

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  • PD, Uncertainty avoidance, individualism, long term orientation and gender equality.
  • Global Innovation Index Finland ranked 4 in the world for innovation
  • 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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