John Vogel of the Tuck School of Business writes about Israel’s impressive economic success in a story published by U.S. News & World Report. He finds an explanation of the country’s record in a new book, Start-Up Nation: The Story of Israel’s Economic Miracle by Dan Senor and Saul Singer.
“In explaining Israel’s remarkable economic success, especially in the area of creating innovative companies, Senor and Singer do not offer a simplistic explanation,” writes Vogel, adjunct professor of business administration. “Rather they describe a combination of things including: national pride, strong social networks, an international perspective, and a culture where it is OK to fail, and where subordinates feel empowered to challenge their managers.”
Also, writes Vogel, “a critical thread in their analysis turns out to be national service.”
Read the full story, published 12/14/12 in U.S. News & World Report.