Summary of Israel’s Economic and Political Outlook

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Israel’s Economic and Political Outlook summary
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7 Importance

7 Innovation

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Recommendation

In his oration to the World Economic Forum, Benjamin Netanyahu, Israel’s prime minister, explains the five factors responsible for Israel’s reputation as the “Start-Up Nation.” Though much of his presentation is a business pitch to attract inbound investment, Netanyahu also outlines why Israel has excelled in innovation. getAbstract invites you to take a peek at his blueprint for transforming Israel into a “science and technology incubator.”

In this summary, you will learn

  • How Israel has built a strong economy,
  • Why Israel’s environment is conducive to innovation and
  • How innovators from other countries can take advantage of Israel’s entrepreneurial environment.
 

About the Speaker

Benjamin Netanyahu is the prime minister and a former finance minister of Israel.

 

Summary

According to Prime Minister Benjamin Netanyahu, “Israel is the epicenter of world innovation” because it nurtures entrepreneurship as well as science and technology. To foster innovation, a nation must maintain a budget surplus and establish favorable macroeconomic conditions. In 2003, Israel’s economy...

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