Recently following very
informative news reports appeared:
·
Economic Times / 19 Feb 2017
Extract
:
A small country of over 8 million people — mostly
immigrants — with no
natural
resources, no local market and surrounded by enemies, Israel is a political startup where survival instinct is part of the DNA.
resources, no local market and surrounded by enemies, Israel is a political startup where survival instinct is part of the DNA.
It has 6,000 active startups, 350 MNC R&D centres, has seen exits worth $ 9.2 billion and venture funding worth $ 4.8 billion in 2016
How does Israel do it ?
Lessons from the tiny,
closely networked country may not be directly relevant for India.
Yet, in a year when
India’s startup world is on a rough ride, both the NDA government and the industry stakeholders would do well to
look for some inspiration there.
Government as Catalyst
“Our biggest job is to not stand in the way of the hi-tech private sector,” says Simhon.
For example, he
says, a lot of Israeli startups focus on DEFENCE-RELATED
TECHNOLOGIES.
And there was a view in the government that a committee should vet which countries can buy these Israeli companies and which cannot.
“Restriction in itself wasn’t bad but it would have unnecessarily created hurdles for the startups. Let’s just say that as of now we have no such committee,”
says Simhon with a smile.
---------------------------------------------------------------------------------------------------
·
Business
Line / 20 Feb 2017
Extract :
Start-up nation
Israel is the original start-up nation.
And almost all are tech enterprises: from cyber security to artificial intelligence
and robotics,
Israel’s entrepreneurs are right up there. The numbers are mind-boggling.
The country has something like ,
·
6,000 start-ups,
·
·
90
venture capital funds
·
·
200 angel funds,
·
·
25
incubators
·
·
70 accelerators,
·
·
16 tech transfer offices
·
·
350 multinationals
that have set up R&D centres in the
country.
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MY TAKE :
In terms of population , India is 162 TIMES BIGGER than
Israel . If we emulate how Israel managed its START – UP eco-system , ( GettingOut of the Way ) , we can become the biggest START – UP NATION on the earth
When our neta ( Shri Narendra Modiji )
meets the Israel neta ( their PM , Netanyahu ) later this year , it is possible that he might ask :
“ Sir , are you not afraid that the defence
technologies that your Start Ups develop , might land up in the hands of your
enemies , enabling them to copy it ? “
I suppose , Shri Netanyahu might reply :
“ May be !
But there is no way they can copy the Spirit of Israel “
20
Feb 2017
www.hemenparekh.in/
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