The real rea­son Is­rael works? It’s in the DNA

The Jewish Chronicle - - LIFE -

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

PHOTOS: FLASH 90/THE TIMES TOM PILSTON

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