Massimo Sgrelli

Jul 22, 2020

2 min read

How to learn from Israeli startups’ story and change things in 5 years

A lot of organizations and country governors, sooner or later, think to recreate the Silicon Valley ecosystem in their own territories. We understood in previous articles that there are multiple reasons why that’s something pretty hard to accomplish. The separations between Silicon Valley and any other innovation ecosystem in the world is about 70–80 of history and hundreds of billions of dollars invested by the U.S. government in advance R&D over the years. As a cherry on top, add a counter-culture cradle place, historically far from finance and politics. Things can change, of course. Silicon Valley was not the epicenter of electronic innovation before WWII. Boston and Philadelphia were the places to be well after the last world conflict. Today, the Bay Area took over the East Coast supremacy in innovation, and the best option that startups outside Silicon Valley have to succeed is to create bridges to the Bay Area. After all, for Israel, it worked pretty well. The collaboration between those two innovation hubs began in 1974 when Intel created its first development facility outside the U.S. in Haifa, in northern Israel.

One of the most critical assets in helping Israel to achieve such fantastic results is its education system.

Read the rest of the article at https://thevalley.substack.com/p/how-to-learn-from-israeli-startups