2011-06-25

Israel's economic success lies in start-... JPost - National News

“Israelis sometimes underestimate or misunderstand their own comparative advantage in the world,” he said. “And they have a tendency to ask, ‘Where’s our Nokia, where are our big companies?’” After finding that business people in Finland looked to Israel for examples on how to innovate, Singer said he quickly realized “that while Israelis have Nokia envy, in Finland they have start-up envy. And it turns out that in Korea, in Singapore and all around the world, people are trying to figure out how to do start-ups, and they have been traveling here to find out.”