Module 2 Reflection.docx - While the sun sets over Silicon Valley and thousands of startups wrap up work for the day it is the beginning of a new day in

Module 2 Reflection.docx - While the sun sets over Silicon...

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While the sun sets over Silicon Valley and thousands of startups wrap up work for the day, it is the beginning of a new day in a similarly entrepreneurially dense region across the globe. Israel has more startups per capita than any other nation in the world. An area including Tel Aviv and some of the surrounding coast has come to be known as “Silicon Wadi” due to the high concentration of tech startups. Compared to other countries, Israel is “first place in the world in research and development (R&D) investment and venture capital investments as a percentage of gross domestic product (GDP)” (Solomon) and has consistently climbed the Global Innovation Index. It has ranked among the top 20 countries for the past few years (Israel). Israel receives double the venture capital of the United States per capita, and 30 times as much as Europe and China. There are more Israeli companies listed on the NASDAQ than all of Europe combined (Annual). Israel was first established as an independent nation in 1948, and thus its entire history has taken place during the Silicon Era.
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  • Spring '18
  • Dr. Uzbil

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