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:
1.7 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.
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
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.”
Harkham, Ariel. "Time For The Startup Nation To Grow Up." Forbes. Forbes Magazine, 20 Feb. 2014. Web. 19 Apr. 2014. http://www.forbes.com/sites/realspin/2014/02/20/time-for- the-startup-nation-to-grow-up/ http://www.forbes.com/sites/realspin/2014/02/20/time-for- the-startup-nation-to-grow-up/ Miller, Zack. "From Start-Up Nation To Scale-Up Nation: Israel Circa 2014." Forbes. Forbes Magazine, 17 Dec. 2013. Web. 19 Apr. 2014. http://www.forbes.com/sites/zackmiller/2013/12/17/from- start-up-nation-to-scale-up-nation-israel-circa-2014/ http://www.forbes.com/sites/zackmiller/2013/12/17/from- start-up-nation-to-scale-up-nation-israel-circa-2014/ Benzaquen, John. "Evolving from 'start-up nation' to 'exit nation'." www.JPost.com. The Jerusalem Post, 16 Apr. 2014. Web. 19 Apr. 2014. http://www.jpost.com/Business/Business- News/Evolving-from-start-up-nation-to-exit-nation-348632http://www.jpost.com/Business/Business- News/Evolving-from-start-up-nation-to-exit-nation-348632 Teig, Amir. "Israel, startup nation? not anymore, says Google study - Business."Haaretz.com. Haaretz, 16 July 2013. Web. 19 Apr. 2014. http://www.haaretz.com/business/.premium- 1.535967http://www.haaretz.com/business/.premium- 1.535967