Silicon Wadi

March 25, 2008 - 5:31 PM by

Interested in a compare/contrast of Israel versus Silicon Valley high tech success?

The Economist site has posted a semi-analysis piece from the print edition titled Land of milk and start-ups that characterizes Israel’s technology entrepreneurs, comparing them to their global counterparts.

IF HIGHWAY 101 south of San Francisco, Silicon Valley’s main artery, were mysteriously to connect to one of the roads around Tel Aviv, many drivers would not even notice. The office blocks with large, tinted windows, housing technology start-ups, are hard to tell apart. Indeed, many people would argue that the world’s second most important technology cluster, called Silicon Wadi (“canyon” or “gorge” in Hebrew), is essentially a clone of the first.

When it comes to entrepreneurial infrastructure, the similarities between the Valley and the Wadi are certainly striking. In both places corporate hierarchies are despised, risk-taking is rewarded and failure tolerated. Israel also boasts several elite universities, such as Technion in Haifa, and research centres run by big technology firms such as Cisco and Intel. Entrepreneurs have their pick of providers if they need legal or other services. And, as in California, there are plenty of well-funded venture-capital (VC) firms providing cash.

Head to The Economist site for the rest.

Tks, IsRealli.

Tags: • Category: Business, Israeliness, Technology 

Comments

One Comment on Silicon Wadi

  1. Israeli vs Palestinian – the VC scenes | Pal Hash Tag اخبار فلسطين on Sun, Mar 13th 2011 3:54 AM

    2. [...] per annum. The market is mostly centered in Herzilya which is also known affectionately as “Silicon Wadi” (which in Arabic is channel for water or valley). At the peak there were 70 to 80 firms, but [...]

Leave a Comment





© 2012 ISRAELITY | Sitemap