The source of Israel's innovation: "Unbridled" culture and the chain of entrepreneurial industry

A video called "Ordinary citizen Shimon Peres looking for work" is being hung around the world, with more than million clicks on the line in just a few weeks. In a video that lasts more than four minutes, the former Israeli president, Shimon, shared his decades-old wisdom in a very light-hearted way, and his video, "Nothing, can be achieved" is the reason why Israel can become "entrepreneurial country" mystery.

Israel has been the largest U.S.-listed company in the past, and has not been overtaken by China in recent years.

Why would a country with only about 8 million people, long shrouded in the shadow of war and scarce natural resources, become one of the most innovative?

Tel Aviv Mayor Rohn Horde (Ron Huldai) told the 21st century economic reporter that Israel's advanced innovative eco-environment (ecosystem) has created an industry chain model for entrepreneurship in the country.

Ziv Aviram, founder and CEO of Mobileye, gave another answer in an exclusive interview with the 21st century Economic report, stressing that the "unbridled" spirit that Israelis have has played a crucial role in his company's operations and research and development.

TEL Aviv: A paradise for entrepreneurs

On a global scale, the city where entrepreneurship can be as equal to the US Silicon Valley is Tel Aviv. In a city of 52 square kilometres and a population of about 400,000, 23% of Israel's High-tech enterprises, 700 of which are seed-stage start-ups, are among the highest-density cities in the world, with an average of 13 start-ups per square kilometer.

Tel Aviv Mayor Rohn Horde (Ron Huldai) told the 21st century economic reporter that Israel's advanced innovative eco-environment (ecosystem) has created an industry chain model in the country that helps entrepreneurs, VC companies, Incubators and accelerators are here to complete the docking of resources.

Horde specifically said that Tel Aviv 33% of the population is 18-35-year-old young, vibrant, and the city has been committed to providing entrepreneurs with the necessary resources, such as: free wireless network almost coverage of the city, the new company tax relief 75%, including urban libraries, start-up offices and other low-cost entrepreneurial venues, And with the world's many well-known academic institutions, government organizations and investment funds and so have close contact with the regular entrepreneurs to provide entrepreneurial guidance, and the annual Global Entrepreneurship competition is to attract the world's attention.

The quality of the accelerator and incubator is critical to attracting start-ups. In Tel Aviv, there are more than 200 entrepreneurial incubators and accelerators, most notably Microsoft's entrepreneurial accelerator.

Hozlia, not far from Tel Aviv, is a tech-and-modern town, in Tel Aviv, where Microsoft is located at Israel's headquarters. At nine O ' Day in the morning, Microsoft employees are here to start new research and development, and Microsoft is one of the three major research and development centers in the world.

Two years ago, Microsoft's first business incubator, the Windows Azure Accelerator, was created here to encourage entrepreneurs to develop more apps on Windows Azure cloud computing platforms.

Similar to other incubators, the incubator offers free office space (850 sqm), mentoring (30-bit), coaching, legal support, and other standard services, and Microsoft provides it with up to 60,000 dollars of Windows Azure platform access for two years.

Sunil Patro is from India and is now the CEO of a new venture. He founded the Signeasy in 2009 to help users create electronic signatures to solve the inconvenience of scanning and saving after handwriting signatures. But Israel's Microsoft has another meaning for him. A year ago, Sunil Patro and his entrepreneurial team received an invitation from Microsoft's Global accelerator to attend a six-month incubation period in Israel.

"It's an unthinkable opportunity for us to come here and start a business incubation," he said. Many of the teams that used to come here to accelerate their incubation have received considerable funding, some even listed directly on the stock exchange. "Patro said.

As a partner at the Israel DLD Tel Aviv Innovation Festival, Zack Weisfeld, the global head of Microsoft's VC accelerator, said in an interview with the 21st century Economic report that when choosing a project, Microsoft valued more of the team and the idea, and the technology was not very demanding.

Zack Weisfeld specifically explains that "the quality and conduct of team members is the key to ensuring a project's success, and that creativity is making it possible." On the technical side, we will be responsible for selecting the right experts around the world to train and mentor these entrepreneurs, so it is not the main factor to consider when choosing a project. ”

Zack Weisfeld told the 21st century Economic report that the entrepreneurial team often needed to submit their project applications online, and then Microsoft would organize its expert assessment team to conduct 3 to 4 rounds for each project, and the winning team would be invited to the VC accelerator headquarters for 6 months of training, And at graduation, accept the risk assessment and venture capital investment company.

In terms of funding sources, Zack Weisfeld said, "mainly from the local venture capital institutions and private investors, so generally not in the market disclosure." At this point, the sources of funding for the global VC accelerator are the same. ”

In addition to supporting the hardware, incubation and accelerator, the Israeli Government is actively introducing policies to facilitate entrepreneurs from around the world to start a business in this "entrepreneurial country". One of these is the upcoming "entrepreneurial visa" (start-up visa).

"Tel Aviv global" is a non-governmental organization with government involvement to promote Israel's economic, cultural and tourism globally. The organization's chief executive, Hila Oren, told the 21st century Economic Report at the 2014 Tel Aviv City summit in September this year that the "venture visa" would become a reality by the end of 2015.

Hila Oren further explained that the venture visa is intended to allow entrepreneurs from around the world to stay in Israel for at least 3 months, and then increase the stay time to 6 months or 9 months based on the entrepreneurial effect, for a maximum period of 1 years.

"Unscrupulous" Israelis.

In Israel, people can often be heard to mention chutzpah, Hebrew is "unbridled" meaning, it means "resentment, impudence, truculent, amazing ' guts ', presumptuous and arrogant, etc." Although seemingly derogatory, the word in the eyes of the Israelis actually represents the subordinate can challenge the superior self-confidence and freedom, but also represents the source of the spirit of innovation in Israel.

"The country of entrepreneurship" has been hailed as the "founder's Bible," which author Dan Saino Dan Senor and Sauls Singh (Saul Singer) described in the book, " Israel is the only country in the world: every power figure (including Prime minister and military dignitaries) has a nickname that everyone can call. They can be called by nicknames, including ordinary people. "This is a kind of" unbridled ".

The "unbridled" appearance of Israelis can be seen at home, at school and in the Army. For this, Intel's research and Development agency in Israel might be able to explain better.

When Intel invented the new Banias chip architecture (the "Centrino" series) at Israel's Research and Development Center, Intel was dismissive of the Santa Clara headquarters in the United States, and even ridiculed by many other departments within the company, as it was the trend across the industry to make computer transistor chips faster-- does not match. The Centrino clock frequency is more than half of the popular Pentium series at the time, and the price is twice times more than the Pentium series.

But the stubborn Israelis who believe in their ideas and designs, despite headquarters objections and frequent trips to Tel Aviv and Santa Clara, eventually persuaded Intel to adopt the new "Centrino" chip. "Centrino" quickly ushered in a new trend in the computer world because it gave notebook users the convenience and speed they wanted, and became the main source of Intel's 13% sales growth from 2003 to 2005.

July 2006, Intel also announced the "Core 2" dual-core processor, the day the stock price rebounded by 16%. Over the next 100 days, Intel has launched 40 new processors, most of which are based on the design effort of the Israeli team.

Niron Hashai, a professor at the Hebrew University Business School, told the 21st century Economic report that the Israelis were very focused on the impact of education and that the "unbridled" spirit was also in the classroom, encouraging students to interact actively with professors, and that some interactions might even become the starting point for new High-tech or start-up companies.

"Mobileye is the highest-funded company in the U.S. listed by Israeli High-tech companies, and its two founders came from Hebrew University, a teacher-student relationship, and Mobileye's idea came from a collision between two people. One of the founders, Professor Amnon Shashua, is the world's leading scientist in the field of computer vision. "Hashai said.

August 1, 2014, mobileye the first public offering of shares in the US New York Stock Exchange, raising 890 million U.S. dollars, a market capitalisation of more than 8 billion U.S. dollars, a history of Israeli companies in the United States IPO record of the highest value.

Ziv Aviram, another founder and CEO of Mobileye, said in an exclusive interview with the 21st century Economic report that the "unbridled" spirit of the Israelis had played a crucial role in his company's operations and research and development.

"After looking at the market trends, we have been focused on research and development, fearless. It wasn't until 2007 that we signed the first production agreement, and it's hard to imagine how we stuck with the 8-year period when there was no profit. Said Aviram.