Israel Trade & Economic Office, Embassy of Israel

Official Blog Network

How Tel Aviv became Europe’s Technology Hub

According to the Wall Street Journal, Tel Aviv is doing something right.  Leading Berlin and London in efforts to become Europe’s technology hub, with over 600 early stage companies thriving, and their hi-tech employees enjoying the vibrant urban life of the city.

The Wall Street Journal gives much of the credit to Mayor Ron Huldai, and his “bottom up” approach, creating an environment where young, hi-tech people will want to live in – diverse, young, with a bar for every 200 residents.  While London’s “top down” approach of of attracting large companies and investing in a Tech City is an alternative approach, perhaps cities looking to encourage a hi-tech community, such as Barcelona and Moscow, should look to creating the right environment for the hi-tech community.
For the full Wall Street Journal article click here.