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Israel’s Economic and Political Outlook
Video

Israel’s Economic and Political Outlook


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7

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  • Overview

Recommendation

In his oration to the World Economic Forum, Benjamin Netanyahu, Israel’s prime minister, explains the five factors responsible for Israel’s reputation as the “Start-Up Nation.” Though much of his presentation is a business pitch to attract inbound investment, Netanyahu also outlines why Israel has excelled in innovation. getAbstract invites you to take a peek at his blueprint for transforming Israel into a “science and technology incubator.”

Take-Aways

  • Israel has become “the epicenter of world innovation” by encouraging entrepreneurship and promoting science and technology.
  • Israel’s environment is conducive to innovation for several idiomatic reasons: Israelis gain valuable experience serving in the military, the country invests heavily in research and development, and the Jewish culture fosters the quest for knowledge.
  • The nation’s small size cultivates competition and collaboration, as well as “cross-fertilization” of innovation across industries. Its lack of natural resources and the presence of hostile neighbors force Israelis to be unusually enterprising.

About the Speaker

Benjamin Netanyahu is the prime minister and a former finance minister of Israel.


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