Israel has long been known as the “Startup Nation” with more than 6,000 active startups, making it the world leader for startups per capita. Recently, with the increase in unicorns (Israel has the highest number of unicorns per capita) as well as R&D centers of multinational corporations (530 R&D centers), Israel is transforming to become the “Scale-Up Nation.”
What are the secrets that make a country with only 9 million people have so many successful high-tech companies? Well, in my opinion, it’s all about the people and the location. Innovation and entrepreneurship are a necessity. There’s no other way. You must innovate and create to survive. When it comes to Israel, I call it “The Island Syndrome.”
