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

Diana Bank and Tamar Almor
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Diana Bank: Tel Aviv University
Tamar Almor: Tel Aviv University

Chapter 5 in Innovation in Business Education in Emerging Markets, 2013, pp 76-95 from Palgrave Macmillan

Abstract: 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 (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1057/9781137292964_6

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