The real reason Israel works? It’s in the DNA
from EMI to Shell… and many hundreds of other significant companies.
A large proportion of the entrepreneurs responsible for these businesses were first or secondgeneration immigrants, many from modest backgrounds.
I have spent much of my business career in partnership with very able Jewish entrepreneurs, so I can testify as to their capabilities and ambition.
Of course, the question that really fascinates me is this: what is the magic they possess that means so many do well in business? Taylor Vibrant: the start-up culture of Tel Aviv. Right: Luke Johnson emphasises the importance of religion and family among the high achievers.
But that cannot possibly be the full explanation; many other ethnic minorities could say the same thing, yet none can claim such an extraordinary economic impact, despite a British population of only about 300,000 Jews.
Education and a desire for selfimprovement are seen as characteristic of all prosperous, advancing societies, especially among striving immigrants.
But for most of the 20th century, Jews were under-represented in
Taking risks has become a way of life