FPI Director Dan Senor: Start-up Nation: The Story of Israel's Economic Miracle

Today, Twelve Books releases Start-up Nation: The Story of Israel's Economic Miracle, written by FPI Director Dan Senor and Saul Singer. Here is the overview, as it appears on the Council on Foreign Relations' website:

Start-Up Nation addresses the trillion-dollar question: How is it that Israel—a country of 7.1 million people, only sixty years old, surrounded by enemies, in a constant state of war since its founding, with no natural resources—produces more start-up companies than large, peaceful, and stable nations like Japan, China, India, Korea, Canada, and the United Kingdom? Drawing on examples from the country’s foremost inventors and investors, geopolitical experts Dan Senor and Saul Singer describe how Israel’s adversity-driven culture fosters a unique combination of innovative and entrepreneurial intensity.

As the authors argue, Israel is not just a country but a comprehensive state of mind. Whereas Americans emphasize decorum and exhaustive preparation, Israelis put chutzpah first. “When an Israeli entrepreneur has a business idea, he will start it that week,” one analyst put it. At the geopolitical level, Senor and Singer dig in deeper to show why Israel’s policies on immigration, R&D, and military service have been key factors in the country’s rise—providing insight into why Israel has more companies on the NASDAQ than those from all of Europe, Korea, Japan, Singapore, China, and India combined.

So much has been written about the Middle East, but surprisingly little is understood about the story and strategy behind Israel’s economic growth. As Start-Up Nation shows, there are lessons in Israel’s example that apply not only to other nations, but also to individuals seeking to build a thriving organization. As the U.S. economy seeks to reboot its can-do spirit, there’s never been a better time to look at this remarkable and resilient nation for some impressive, surprising clues.

The book is available from Amazon.com.