Start-Up Nation: The Story of Israel's Economic Miracle

Start-Up Nation: The Story of Israel's Economic Miracle

by Dan Senor, Saul Singer
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Start-Up Nation 4.1 out of 5 based on 0 ratings. 54 reviews.
David_Marquet-Practicum More than 1 year ago
Dan Senor and Saul Singer - Start-up Nation: The Story of Israel's Economic Miracle. How is it that Israel, population 7,500,000 has more companies listed on the NASDAQ than all of Europe, population 300,000,000? Can it be just explained away by their "Jewishness?" This is the question Senor and Singer set out to answer in their new book, Start-up Nation. Dan Senor is a policy advisor and political analyst, currently adjunct senior fellow for Middle East studies at the Council on Foreign Relations in New York. Saul Singer is a journalist living in Jerusalem. They approach this anecdotally, stitching together a explanation that includes the impact of the military, the role of the reserve structure, the collection of quality universities, the continuing influx of motivated and risk-embracing immigrants, and perversely, the constraint that Israeli companies cannot trade with any of the countries on its border. The role of the military on developing a specific culture of innovation and chutzpah is most interesting to me. There are two aspects that the authors emphasize. First, because of the threat to the nation, there is a zealous dedication to leadership mechanisms that work. This includes boisterous debate prior to decisions and robust and honest deconstructions of events after the fact. Members learn to respect competence, and have an irreverence for rank. The second important contribution is Israel's reserve structure. In effect, military organizations coming together annually to drill form egalitarian networks that would-be entrepreneurs tap in to. Another structural aspect of the Israeli military is it's relative understaffing of senior officers relative to junior officers: 1 to 5 in the U.S. Army; 1 to 9 in the IDF. This deliberately lean staffing results in junior officers being thrust into position where they must make key decisions early in their careers. They are tested and their judgment honed. I'm not Jewish but I can't help but think there's at least one more thing at play here, not reported by the authors. My experience is that trust significantly reduces transaction costs and speeds interaction. I wonder what the almost homogeneous Jewish population plays in allowing strangers to achieve high levels of trust rapidly, quickly achieving collaborative and common success. My name is David Marquet, from Practicum, Inc and we help our customers get everyone be a leader and avoid casting employees into follower roles. To continue the dialogue respond to david.marquet@practicuminc.com or follow our blog or follow us on twitter. @totheleadernyou.
Anonymous More than 1 year ago
AnotherIan More than 1 year ago
Start-up Nation is a fantastic read for anyone interested in entrepreneurial policy. I highly recommend it. Unfortunately, most booksellers (B&N included) continue to charge the same amount for an ebook product with zero marginal cost as they do for the print version. This is pure profit gouging, and is inexcusable.
Anonymous More than 1 year ago
Anonymous More than 1 year ago
A nice primer to help bridge a cultural gap when working with business people from Israel. Easy read, but verbatim repetition forces the reader to skip over the chaff to get to the wheat.
farpost More than 1 year ago
Well documented history of the courage, determination, panache and "chutzpuh" this over persecuted people possess. In my natural idioms "balls" is the word that comes to mind. Tell them they can't, they will. Tell them don't, they do. In no other nation is success so revered and its persuit so commonly shared that it has become a form of true patriotism! Many history books speak to the events that created Israel, but none so fully explain the societal id that makes it so successful.
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Found this book to be fascinating and very informative.
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