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Bradley Sykes 4/21/2014 ENV 406.  1.7 million people (21% of the population) living under the poverty line  Average household debt = $5000  24 th in.

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Presentation on theme: "Bradley Sykes 4/21/2014 ENV 406.  1.7 million people (21% of the population) living under the poverty line  Average household debt = $5000  24 th in."— Presentation transcript:

1 Bradley Sykes 4/21/2014 ENV 406

2  1.7 million people (21% of the population) living under the poverty line  Average household debt = $5000  24 th in labor productivity among OECD Nations  Macroeconomic figures mask severe inequalities among labor force.

3  High-profile startups are sold before massive job creation can occur. ◦ “When these entrepreneurs sell their start- up companies…they are denying the local economy the opportunity to create an industrial company that will supply jobs to a much wider segment of the workforce than any start-up can.”  Education system does not prepare students for high-tech industries  “Take the money and run” paradigm for business growth

4  Paradigm shift among business community ◦ “Maybe it’s time for us to think about ourselves as a country going from a startup nation to a high-tech nation, where startup is the first step, but companies are still built in Israel, maintained in Israel and grow from Israel.” – Avishai Abrahami, WIX CEO/Co-founder  Integration of key populations in the workforce through ICT (Information and Communications Technology)  Export Oriented Industrialization (EOI) ◦ Exploit position to become bridge between East/West and “convert intellectual capital to industrial growth.”

5  Harkham, Ariel. "Time For The Startup Nation To Grow Up." Forbes. Forbes Magazine, 20 Feb Web. 19 Apr the-startup-nation-to-grow-up/ the-startup-nation-to-grow-up/  Miller, Zack. "From Start-Up Nation To Scale-Up Nation: Israel Circa 2014." Forbes. Forbes Magazine, 17 Dec Web. 19 Apr start-up-nation-to-scale-up-nation-israel-circa-2014/ start-up-nation-to-scale-up-nation-israel-circa-2014/  Benzaquen, John. "Evolving from 'start-up nation' to 'exit nation'." The Jerusalem Post, 16 Apr Web. 19 Apr News/Evolving-from-start-up-nation-to-exit-nation http://www.jpost.com/Business/Business- News/Evolving-from-start-up-nation-to-exit-nation  Teig, Amir. "Israel, startup nation? not anymore, says Google study - Business."Haaretz.com. Haaretz, 16 July Web. 19 Apr http://www.haaretz.com/business/.premium


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