APPs for a Better World! Elad Goz, Consulate General of Israel, Hong Kong.

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APPs for a Better World! Elad Goz, Consulate General of Israel, Hong Kong

Transcript of APPs for a Better World! Elad Goz, Consulate General of Israel, Hong Kong.

Page 1: APPs for a Better World! Elad Goz, Consulate General of Israel, Hong Kong.

APPs for a Better World!

Elad Goz, Consulate General of Israel, Hong Kong

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Something very unique and surprising is happening in Israel!

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Israel• Small size• Only 8M People• No natural resources• Geo-Political challenges

since inception

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The Start-Up Nation!

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Why Start Up Nation?

• 2013- close to 10B US$ M&A’s•More than 4000 Start Ups• Leading in R&D Expenditure

(% of GDP)• Leading in Patents in Medical

Devices (per Capita)

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Why and how has this

happened in Israel?• Necessity is the “Mother of Invention”

• Entrepreneurial spirit and acceptance of failure.

• Non Hierarchal society• Long term Government support, risk

sharing with private money

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• 1000’s of App developers• Highest ever App acquisitions

“waze” and “Viber”– around 1B US$ each!• Wide range of TECHNOLOGY

based APPs

Israel App Scene…

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Thank You!