Wednesday, November 4, 2009

(Video) Why Israel is the Leader of Business Innovation: Immigration!


Click here to see the video.

Please click on the link above and watch the interview.

The interview summarizes the content of a new book: "Start-up Nation: The Story of Israel's Economic Miracle". The authors examined Israel's strong economy (by the way, according to the authors, Israel's economy was hurt significantly less than the rest of the world during this current economic downturn) to see what are the features of Israel's economy that make it so strong, so resilient, and so conducive to entrepreneurism and innovation.

The authors highlight 10 aspects of the Israeli economy that make it distinct from the U.S. Accorinding to the book, the most important factor why Israel's economy is so strong is because of immigration. Due to immigration, new ideas are constantly pouring into Israel and there is apredominant "immigrant" work ethic abudant in the country.

According to this blog's opinion, however, the Jewish people have always made a significant positive impact in the world that was unporportionate to the small number of the world's Jewish population. It only makes sense that this phenomenom would continue and even be stronger when the Jewish people are concentrated on one land, Eretz Yisrael, and are susceptible to the berachot that Hashem promises for that land when the Jewish people live there.

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