Tech Diplomacy: Israel, Oslo, and OurCrowd
Tech Diplomacy: Israel, Oslo, and OurCrowd You’ve heard of diplomacy, but have you heard of tech diplomacy? It’s no secret that Israel has been leading the world of innovation. VCs and financial backers from every industry flock to the Startup Nation, which has the highest number of startups per capita in the world, and ranks third in NASDEQ listings, just behind the U.S. and the UK. The success of Israel in becoming the biggest hub for startups after Silicon Valley, has gained international attention, with other countries seeking to learn the secret. With natural resources running thin, countries dependent on traditional economic commodities are trying to get in front of the wave by creating new revenue streams beyond oil and coal. They are looking to build technological innovation engines to boost their economies and make their resources last longer. Countries like India and China, historically wary of their relationship with Israel, are warming their stance, exchanging trade agreements (most recently with India) and building technology collaboration corridors, particularly in health and AgTech. This isn’t surprising, given growing populations that...
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