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I'm surprised Israel was so low given the info I read in the book Startup Nation (http://www.startupnationbook.com/ http://www.startupnationbook.com/)
by quizbiz 16y ago
I'm surprised Israel was so low given the info I read in the book Startup Nation (http://www.startupnationbook.com/ http://www.startupnationbook.com/)
- Murkin 16y agoAs noted in other comments, the numbers are a bit skewed. E.g. it takes half a morning to open a company. But it takes up to two weeks to get all the approval documents mailed to you. In any case, this info is not for tech-startups, its statistics for opening 'real' businesses.
- ronnier 16y agoIsrael ranks really low on "Dealing with Construction Permits" and "Registering Property", according to this list. Don't let this list fool you, it's a true start up nation. The amount of tech and start-ups coming from Israel is amazing. From the book: "a country of 7.1 million, only 60 years old, surrounded by enemies, in a constant state of war since its founding, with no natural resources— produces more start-up companies than large, peaceful, and stable nations like Japan, China, India, Korea, Canada, and the UK? How is it that Israel has, per person, attracted over twice as much venture capital investment as the US and thirty times more than Europe?"
- dejb 16y agoI suspect that not having the correct ethnicity or religious beliefs would be an obstacle for some though.
- deleted 16y ago[deleted]
- hga 16y agoI haven't read the book but are the scores really that low? These are rankings compared to other nations, the scale is not linear. It's easier to startup a business in Iceland and more difficult in Norway, the two counties on either side of Israel.
- Vitaly 16y agoThe "starting a business" rank is definitely not accurate. 34 days on average to start a business? WTF? In fact in israel you can start doing business BEFORE you register it. Just make sure you register it right away, but you can start selling stuff immediately. When we started our company it only took 1 day. We did pay a lawyer to do the work but the amount was quite low (though I don't remember exactly how much).