Tikvah
Editors’ Pick

December 17, 2019

Israel’s Venture-Capital Success, Like America’s, Can’t Be Exported

Culture and the IDF—not economic policy—have fueled its success.

Outside of the U.S., Israel leads the world in the extent to which its companies have attracted venture capital, and it has made good on these investments. Reuven Brenner, reviewing a recent book on the history of venture capital in America, argues that, in both countries, the factors behind this success are almost impossible to replicate elsewhere:

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