Sunday, November 1, 2009

Entrepreneurship, innovation and more

I just came across the following short video clip about the resilience and dynamism of the Israeli economy and the societal driving forces behind it: The video is a promo for a book entitled Start-up Nation: The Story of Israel's Economic Miracle.

It raises a vast number of hypotheses concerning entrepreneurship and innovation in Israel. While some of the assertions explaining the record breaking performance of Israel's economy seem correct, there is a need to perform an empirical analysis. In particular, cross-sectional data within Israel could provide counter-intuitive evidence.

I recommend the book.