Studies Courses 2010-11
Doing Business in Israel: Examining the Start-Up Nation
Israel provides for a broad range of learning opportunities within a
contained environment. Tel Aviv is one of top 10 VC markets in the world; ICQ
created instant messaging, and launched into the stratosphere when it sold to
AOL for over $400 million. The Israel dot com boom rivaled the US in intensity,
and few places in the world rival the R&D talent. Many of the top 100 technology
companies worldwide have offices in Israel including, Google, Intel, Microsoft,
Oracle, Sun and the list goes on.
There are other well know companies that have come from Israel. Iscar, a
machine tooling company, was majority purchased by Warren Buffet in his first
Berkshire investment out of the US, and Teva the largest generic pharma producer
in the world. Project Better Place, the effort to launch an electric car
on a mass scale is deploying initially in Israel.
You will also visit Jerusalem and learn about the tumultuous history of one
of the oldest continuous cities in the world offers holy sites for different
faiths. This too brings a variety of challenges and opportunities. The
Israeli defense industry is one of the most sophisticated in the world. The UAV
was created by Israel Aircraft Industries. Secure networking was born in the
army where service is compulsory and many of the bonds developed form the basis
of a lifetime friendship and in many cases business associate.
Global Leadership Development: The Israeli Perspective
"A critical component of the Israel trip is the
depth of contacts made available to students during the trip. While all
foreign studies trips will offer students the opportunity to meet
business leaders in a new country, we met the pre-eminent Israeli angel
investor, the managing partner of Israel’s largest cleantech venture
capital firm, and the CEOs of the Israeli divisions of several American
"It was amazing to learn about Israel's
entrepreneurial focus. Due to the size of the country, Israeli companies
are unable to target directly to its domestic market, therefore having
to employ a global perspective from the onset of its business. This
course allows you to experience that process firsthand."
"Our Israel trip was the perfect blend of rich
cultural experiences, hands-on learning and global business exposure.
There is no comparison with other trips, Israel has it all. The effort
that went into planning the trip was evident, given the wide variety and
caliber of our business meetings and activities. I came away inspired
and motivated to apply all that I learned from those 10 days."
"The opportunity to interact with the Israeli MBA
students at the Technion was a great experience. Both groups of students
were equally interested in each other's cultural differences, and it was
really interesting to gain to compare and contrast the different
perspectives that were revealed during various class discussions. I
believe that the we were able to learn so much more through our direct
interaction than we would have been able to by merely reading a book or
attending a lecture on cultural differences."