Irwin Stelzer of The Wall Street Journal describes how Israel's model of entrepreneurialism is a key success factor.
From the article:
"…Willingness to accept failure is a necessary part of any economy heavily reliant on start-ups for its economic growth, a feature also characteristic of the U.S … A Harvard University study puts it more scientifically: entrepreneurs who fail in their first venture have a higher success rate in their next venture than first-time entrepreneurs…"
Read the Full Article:
Jan 24th, 2010
The Wall Street Journal Digital Edition