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The Development of Business Education in a Young, Entrepreneurial Country: The Case of Israel

  • Diana Bank
  • Tamar Almor

Abstract

Located on the East Coast of the Mediterranean basin, south of Lebanon and north of Egypt, the state of Israel is a young, democratic country that has a small, open economy. In 2011, it had a population of around 7.5 million and an estimated GDP per capita PPP of about $30,000. During the last decades, Israel has emerged as an important global center of innovation and growth (Saxenian, 2007; Senor and Singer, 2009). Its prosperity and economic success seem to be related, in part, to its ability to encourage entrepreneurship at the individual, business and national levels (Almor, 2000; Avnimelech and Teubal, 2004 a; Avnimelech and Schwartz, 2009; Dashti, Schwartz and Pines, 2008; Pelzman and Shoham, 2006; Schwartz and Bar-El, 2007; Sperling, 2005). Israel’s entrepreneurial success, found in different knowledge-intensive and venture capital (VC) industries, seems to be related to the coun- try’s investment in higher education and the Jewish culture, which has always encouraged learning.

Keywords

Venture Capital Business School Academic Education Undergraduate Degree Academic Entrepreneur 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Diana Bank and Tamar Almor 2013

Authors and Affiliations

  • Diana Bank
    • 1
  • Tamar Almor
    • 1
  1. 1.Tel Aviv UniversityIsrael

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