Israel cited as one of three “lands of opportunity”

Via Globes Online at http://tinyurl.com/dkdsft.

Israel was cited as one of three "lands of opportunity", along with Denmark and Singapore, by the Economist magazine. The report notes that governments of all three countries enthusiastically endorse entrepreneurship, though, "the Danes and the Singaporeans regard it as their ticket to success in a global economy and the Israelis as a matter of survival". The magazine lists innovations developed in Israel, including the Pentium chip by Intel, voicemail developed by Comverse Technology, firewalls developed by Check Point Software, and the Pillcam developed by Given Imaging.

The report notes that Intel and Microsoft, among others, opened development centers in Israel, and that many Israelis study in the US and return to Israel to develop their careers and ideas. "Many Israeli entrepreneurs yo-yo between Silicon Valley and Tel Aviv; almost 70 Israeli companies are traded on NASDAQ.”

The complete report from the Economist can be read at http://tinyurl.com/atm597.