One definition of 'entrepreneur' is "a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk." If Israel were a business, then its founders were entrepreneurs; and there is little wonder that the nation is imbued with an entrepreneurial spirit.
This spirit shapes Israeli business. Peter Rousseau, now with The Hackett Group, wrote last year, "Seventy-six Israeli companies are currently traded on the NASDAQ, behind only the United States and China. Israel exports $1,246 worth of hi-tech goods and services per capita compared to $488 for the U.S. and $295 for the rest of the world."
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