Why state sponsored entrepreneurship worked in Israel?

Economist has interestingly pointed out why government sponsored entrepreneurship scheme succedeed in Israel while it failed in the other countries -”The government let foreigners decide what to invest in, and then stumped up a hefty share of the money required.”

http://www.economist.com/businessfinance/displaystory.cfm?story_id=14743944

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Tags: Entrepreneurship, Venture Capital

This entry was posted on November 30, 2009 at 7:57 am and is filed under Macroeconomics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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