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"It's all but axiomatic," posits an article in haaretz.com, an Israeli business website, "at least among the public that reads the papers."

"High-tech is the main growth driver of Israel's economy."

High-tech is in trouble because of the global economic crisis, the article explains, noting that the scarcity of funding and the reluctance among Israel's institutional investors to invest in it.

The high-tech industry is drying up the argument goes, and soon startups will starve for cash.

To read the full, original article click on this link: Seven myths about Israel's high-tech VC market | http://www.thenextsiliconvalley.com