1 LOCAL SPIRIT OF ENTREPRENEURSHIP
Israel is situated in a tumultuous geographic region, and therefore cannot depend on business and trade via its land borders.
This, combined with Israel’s lack of natural resources, produced a self-reliant society that encourages innovation and fosters the ground- breaking ideas that are such an inherent part of Israeli culture.
As a multi-cultural immigration country, Israel is home to a population with diverse cultures and perspectives that facilitate a flow of ideas and collaborations between individuals with differing points of view.
The innovative spirit is cultivated from a very young age. Israeli society views failed attempts as educational phases from which people can learn, and not as something to be ashamed of, as is so common in other countries around the world.
These processes enhance creativity and easily explain how Israel ranks as the third most innovative nation in the Global Competitiveness Report.
