Israel does extremely well with startups and exits notwithstanding cultural differences (e.g. weekends are not the same with the rest of the western world). Wha

Israel does extremely well with startups and exits notwithstanding cultural differences (e.g. weekends are not the same with the rest of the western world). What are the big differences between what Europe does vs. what Israel does? Risk-aversion may be one aspect but I doubt its the only one. There are probably a whole lot of factors.