Latest News Israel

Why Are Israeli Startups So Successful?

Share |
Tuesday, November 6th, 2018

Source: The Times of Israel

It is hard to ignore the evidence that Israel has developed a world leading startup culture, one that is often compared to Silicon Valley. But what are they doing that sets them apart?

The Times of Israel has outline several reasons why, including factors such as Israel’s highly educated workforce and top talent that is drawn out to work with startups. This has led leading global companies such as Microsoft, Google, IBM and Oracle to actively recruit the most exciting Israeli talent.

Along with an impressive workforce, ‘Israel is spending more per capita than the average business on R&D’ and ‘almost double on research and development than the average country’. An emphasis that has also played a key role in the recent success of Amazon and Alibaba.

Read more here.