The Country that Could

Vieux, Alex
December 2007
Red Herring;12/1/2007, Vol. 4 Issue 30, p6
Trade Publication
The article assesses the potential of Israel to grow its technology-related industry. Sixty years after statehood, Israel boasts a thriving economy, free at last from decades of trade deficits and mounting debt. Technology has grown into its largest export, and Israel now attracts more and more foreign capital--and companies looking to tap into a university and research network that trains disproportionate numbers of engineers, doctors, and scientists. Yozma fund, Israel's first state-financed venture capital fund launched in 1992, now draws first-rate limited partners to share in its impressive returns. Today more than 10 local funds manage more than $100 million each. Israel has also fostered its own generation of serial entrepreneurs.


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