Israel and China, how do you see these two startup ecosystems could work together? This is the question I was often asked when I was in Tel Aviv.

What Israel has and China don’t

Innovation, that is the most important keyword to describe Israeli startup ecosystem. Most of the startups in Israel, no matter it is the big one like SkyTram, or the relatively small one like Slide.ly, they all have the similar spirit: find a new solution using latest technology to solve existing issues in people’s life. Copying is not a part of Israeli culture, and Failure is just another word of Success. As we said before, a small country with no resources and surrounded by sea and enemies, the only way to catch up with the world is to embrace the technology and maximise its value. On the other hand, Israel has invented a bunch of cool technology and products but as a matter of fact it is a country with only ~8m population, i.e. a small market. Israeli startups have to go out. There is no big enough of user base to sell, but Intellectual Property (IP) means a lot because it could bring fortune for Israeli companies.

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Gang Lu

Dr. Gang Lu - Founder of TechNode. He's a Blogger, a Geek, a PhD and a Speaker, with passion in Tech, Internet and R'N'R.