JStone
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Israel, The New Silicon Valley
A new generation of Israeli entrepeneurs is overturning the country's traditional image and turning Tel Aviv as the new centre of excellence for high-tech industry
While most of the world is still reeling from the effects of the economic downturn, Israeli's enthusiasm for launching new businesses shows no sign of abating.
The country attracts twenty times more venture capital money than the average European country per head of population. And much of the money is pouring into high-tech start-ups.
Israel has the highest concentration of scientists and engineers in the world, and four per cent of jobs are for websites like Google, which has its second largest team of developers in the country.
Technology being created by Israeli developers is now being exported across the world. Online chat and first anti-virus software were invented there
Continued: Israel: the new Silicon Valley - Channel 4 News
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