(Science Business-Belgium) Eanna Kelly - Entrepreneurship fever has made the Technion-Israel Institute of Technology, Israel's oldest university founded in 1912 in Haifa, one of the main fuses for the country's roaring tech sector. "Many of our graduates are running the economy," said university president Peretz Lavie, who is stepping down in October after 12 years. Technion students have created over 2,000 companies. The record for a single student is 21. In a country known as start-up nation, failure isn't the end, Lavie says. "Israelis don't stop asking questions....In some countries if you fail, that's the end of it. I know people here who succeeded on their 10th attempt. In Japan, there is the same level of ambition as here but it's the failures that they cannot tolerate. In Brazil, if you have a failed start-up, you can't apply for more grants."
2019-06-14 00:00:00Full ArticleBACK Visit the Daily Alert Archive