November 2, 2009
From the Economist:
Last year Israel, a country of just over 7m people, attracted as much venture capital as France and Germany combined. Israel has more start-ups per head than any other country (a total of 3,850, or one for every 1,844 Israelis), and more companies listed on the NASDAQ exchange, a hub for fledgling technology firms, than China and India combined. It may not have the same comforting ring as “the Swedish model” or “the polder model”, but when it comes to promoting entrepreneurship, “the Israeli model” is the one to emulate.
Click here to read ‘The other side of Israel.‘
September 22, 2009
Marc Tracy at Biz Box writes an interesting article on visa laws. Here is an excerpt:
But onerous immigration and visa requirements–the type that forces Google (whose co-founder Sergey Brin was born in Russia, by the way), for example, to spend $4.5 million each year on visa administration–are limiting the extent to which the U.S. can take advantage of its magnetism and pull. The consequences of these regulations should be obvious: given how the homelands of many foreign-born tech superstars–China, India, Russia, South Korea, etc.–have developed over the past years and decades, now they are increasingly likely to stay at home and innovate in and for their own countries. And the U.S., which should be laying out the red carpet for them, is giving them one more reason to do just that.
It’s insanity. And it’s also, indelibly, a small-business and entrepreneurship issue (far more than it is merely a tech issue–the immigration restrictions affect life-sciences, communications, the arts and fashion, and indeed any other industry that would stand to benefit from the brilliance of foreign nationals). We’re going to do our part to frame this as such. But we hope that prominent voices in the small-business community, whether they are lobbies or legislators or the head of the Small Business Administration, will speak up for a more open immigration and visa policy where idea-jobs are concerned. The future of small-business and entrepreneurship is at stake.
Click here to read the entire article.