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Israel’s Entrepreneurial and Innovative Power Can Help Overcome This Crisis
An aerial view shows vehicles on fire as rockets are launched from the Gaza Strip, in Ashkelon, southern Israel October 7, 2023. REUTERS/Ilan Rosenberg
Numerous testimonies clearly illustrate that crises and catastrophic events — and the period of uncertainty that often follows them — are the most opportune times to abandon a “business as usual” approach, and to opt instead for innovation and entrepreneurship as a lever for renewal and growth.
Recent crises such as global pandemics, financial crises, and wars demonstrate that the most effective way to navigate successfully in crisis situations is through entrepreneurial thinking, which stimulates creative solutions, the development of new products, and the establishment of innovative processes.
What is entrepreneurship or entrepreneurial thinking?
Some define it as the ability to identify or create high-potential opportunities to increase existing value through smart utilization of resources. Others call it the relentless pursuit of opportunities that require resources not readily available. Regardless how it is defined, entrepreneurship is clearly the driving force behind the tremendous growth of the economy and technology in recent decades.
In the rapidly changing landscape of the 21st century, economic growth and prosperity are propelled by the ability to innovate and foster entrepreneurship. In the contemporary business world, innovation serves as a means to create value. Over the past decades, entrepreneurial start-ups have emerged as major drivers of global markets.
A defining characteristic of these start-ups is their remarkable ability to grow rapidly and disruptively innovate. A brief glance at global statistics in the field of start-ups reveals that there are currently around 150 million worldwide, with approximately 50 million more added each year. This averages to about 137,000 new startups established every day. While only about 10% survive, the numbers speak for themselves.
In rare cases, a brilliant idea is enough to spark a process that will turn it into a genuine solution to a pressing problem. But without courage, perseverance, determination, and true belief in the goal, even the best ideas are unlikely to evolve into successful products or processes. These attributes are not only the most prominent characteristics of the successful entrepreneur but are also essential for overcoming and emerging strengthened from crises.
The strong connection between crisis management and entrepreneurship has proven itself throughout history, particularly in recent decades. Examples like the recovery of Japan and Tokyo from the devastation of World War II highlight the role of entrepreneurs in the revitalization process. Visionaries like Konosuke Matsushita, founder of Panasonic; and Soichiro Honda, founder of Honda, represent the entrepreneurial spirit that drove the recovery. Emphasis on innovative production methods, commitment to quality and revolutionary approaches to mobility and transportation contributed significantly to the revival of Tokyo’s industrial base and laid the foundations for Japan’s economic resurgence after the war, illustrating how entrepreneurship can act as a powerful force for recovery and change.
Another example is the recovery of New Orleans after Hurricane Katrina in 2005, which turned large parts of the city into islands of devastation. Economic and social entrepreneurs were the driving forces behind the city’s recovery, rebuilding social and community infrastructure. Social initiatives such as the Make It Right Foundation sought not only to provide housing options but also to address systemic issues and create sustainable solutions, focusing on the community’s recovery. Initiatives that included unique business models, such as Community Land Trusts and public-private partnerships, highlighted the role of entrepreneurship not only in the reconstruction of buildings but also in the reconstruction of the community itself. The establishment of the Idea Village accelerator, which supported local entrepreneurs, also contributed to the city’s recovery by fostering economic resilience and creating a sense of community capability in the rebuilding process.
The recent COVID-19 pandemic presented the world with new challenges that required revolutionary initiatives and rapid responses to the new situation. Many entrepreneurs worldwide, including in Israel, mobilized to address these challenges.
Many companies redirected their planning and production capabilities to meet the growing demand for personal protective equipment. Numerous technological start-ups emerged and provided innovative solutions for remote work and online education. The pandemic emphasized the need for agility, adaptability, problem-solving skills, and the ability to innovate. Many governments recognized the potential of the entrepreneurial ecosystem and implemented measures such as grants, loans, and fast-track regulatory processes to encourage innovation and entrepreneurship in various fields, such as the rapid development and distribution of tests and vaccines.
These efforts demonstrated how entrepreneurial initiatives serve as a significant catalyst for recovery and resilience in the face of unprecedented challenges. The key takeaway from these cases is that nurturing an environment that encourages and supports entrepreneurship is crucial for building sustainable and resilient communities capable of adapting, recovering, and thriving after disasters.
On October 7, 2023, Israel experienced a catastrophe. The murderous attack by Palestinian terrorist organization Hamas on the southern communities left the region devastated and the communities shattered and scattered across the entire country.
In response, the Israeli government declared the establishment of a “Resurrection Administration” that will focus on the recovery of the region. The administration will operate for a five-year period and will report directly to the Office of the Prime Minister. The initial budget allocated to it stands at one billion shekels. Its object is to restore residents to their homes and strengthen the social and economic infrastructure of the region.
The decision to establish the administration is undoubtedly a major step in the right direction towards revitalization. A statement by Brig. Gen. (ret.) Moshe Edri, who heads the administration, made clear that its mission will not end with the rehabilitation of all infrastructure and the return of the residents to their homes, but will also include strengthening and developing the local economy, creating new job opportunities, and expanding growth into new dimensions.
To achieve this complex vision, the healing power of entrepreneurship and innovation must be enlisted. The administration should turn to entrepreneurship and innovation as a primary tool that will enable the rapid healing of the region. It should do so by putting mechanisms in place that will encourage entrepreneurs and capital owners to invest their time and money not only in reviving but also in further developing the infrastructure, economy, and local communities of the region. This will support the reconstruction process and attract visionaries and skilled workers to the region who can help transform the local economy, currently based mainly on agriculture, into a booming hub of hi-tech and innovation.
The State of Israel is unique in that it has maintained economic growth while remaining embroiled in a prolonged military conflict ever since its inception. Over the years, Israel’s growth strategy was, and still is, directly tied to its level of investment in innovation and entrepreneurship. In the Global Competitiveness Report for 2018/19, which ranked 141 countries, Israel was ranked first in entrepreneurial culture. Israel’s risk capital-raising rate is among the highest in the world per capita and it is often referred to as the “Start-Up Nation”.
Israeli innovation and entrepreneurship is more than capable of rising to the challenge created by the October 7 catastrophe, but words alone will not suffice. The Israeli government must put its money where its mouth is and actively push towards turning the vision into reality.
Nir Reuven is a researcher at the BESA Center, an engineer, and a former officer in the Merkava development program (the main Israeli battle tank). He has held several management positions in the Israeli hi-tech industry and is an expert on technology. Currently he is co-manager of the Sapir College Innovation and Entrepreneurship Center. He is working on his Ph.D. and lectures at Bar-Ilan University. A version of this article was originally published by The BESA Center.
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Students of Columbia University Affiliate School Petition Administration to Hire Pro-Hamas Professor
The “Gaza Solidarity Encampment” at Columbia University, located in the Manhattan borough of New York City, on April 25, 2024. Photo: Reuters Connect
Students of the Union Theological Seminary (UTS), an affiliate school of Columbia University, are pushing the institution to hire an academic who was just terminated for defending the Palestinian terrorist group Hamas’ Oct. 7 massacre across southern Israel.
Dr. Mohamed Abdou, a visiting professor in modern Arab studies who defended Hamas after the terrorist group slaughtered over 1,200 people and kidnapped about 250 others during its Oct. 7 onslaught, was reportedly relieved of his duties at Columbia University as of Sunday. Following Abdou’s firing, UTS students circulated a petition calling on the seminary to extend the anti-Israel academic an offer of employment.
“We condemn Columbia University’s efforts to stifle any mobilization around [the Palestinian] cause and its repressive, anti-Palestinian victimization of Dr. Abdou,” the petition reads.
“We ask the UTS administration to hire Dr. Abdou for the 2024-2025 academic year,” the petition continues.
During a US congressional hearing on campus antisemitism in April, Columbia President Minouche Shafik promised lawmakers that the university would terminate Abdou at the conclusion of the school year, citing his repeated public endorsements of violence against Israel and endorsement of terrorist groups.
During a Jan. 5 interview with Revolutionary Left Radio, Abdou heaped praise on Hamas, referring to the terrorist organization as a “resistance” and dismissed criticism of the terrorist organization as “white supremacy.” In the aftermath of the Oct. 7 terrorist attacks, many pro-Palestinian groups have similarly defended Hamas a a “resistance” group and referred to the Oct. 7 atrocities as “self-defense.”
On Jan. 16. the Columbia Middle East Institute tapped Abdou to serve as lead instructor for a course on “Decolonial-Queerness & Abolition.” According to the course description, students analyzed “Euro-American informed modernity animated by (neo)liberal-Enlightenment values (free will/humanity, secularism, racial capitalism)” and “contemporary conceptualizations of family, kinship, and friendship in Black, Indigenous, and People of Color (BIPOC) communities within the context of settler-colonial societies (as the U.S./Canada) as well as in postcolonial nations and regions (as Southwest Asia, Africa, and the Middle East) that arguably never underwent adequate decolonization.”
Abdou faced intense criticism after a student recorded and circulated a course lecture in which he denounced Israel as a “settler colonial” entity that was inspired by American-style beliefs on private property, gender, and sexuality.
Following Shafik’s congressional testimony, Abdou claimed that the Columbia president “lied” about his firing and accused her of “misrepresenting” his opinions. He reiterated his support for Islamist terrorist groups such as Hamas and Hezbollah, both of which are backed by Iran.
Abdou’s public support for terrorism has caused a firestorm of controversy with Columbia students and alumni, calling into question the university’s commitment to fostering a tolerant and safe environment for Jewish and Israeli students.
Abdou indicated gratitude for the petition on X/Twitter, saying that he is “indebted for this generous initiative.” He called on his supporters to sign and spread the petition “as far [and] as wide as possible.”
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Australian War Memorials Vandalized With Pro-Hamas Graffiti
A war memorial in Canberra was vandalized by anti-Israel graffiti. Photo: Screenshot
Multiple memorials near the Australian War Memorial have been defaced with anti-Israel graffiti as Australian policymakers grapple with how to manage a rise in antisemitism that has continued unabated since the start of the Israel-Hamas conflict.
Located on Anzac Parade — named in honor of the Australian and New Zealand Army Corps (ANZAC) — near downtown Canberra, vandals spray-painted pro-Hamas messages onto sites dedicated to those who died fighting for Australia in war. The messages included “Free Palestine,” “Free Gaza,” “Blood on your hands,” and “From the river to the sea” — the last of which is a popular slogan among anti-Israel activists calling for the destruction of the Jewish state, which is located between the Jordan River and the Mediterranean Sea.
The Australian National Korean War Memorial, Australian Vietnam Forces National Memorial, and the Australian Army National Memorial were all targeted over the weekend, as well as a wall between the memorials along Anzac Parade.
The incidents sparked outcry among Australian lawmakers and members of the Jewish community. In parliament, Prime Minister Anthony Albanese condemned the vandalism as “criminal” and called for the perpetrators to “get exposed publicly as well for who they are. We know what they are — they’re unworthy of having any respect and any leniency as a result of their own actions.”
The Australian Jewish Association wrote on X/Twitter in response to the desecration of the war memorials, “The anti-Israel movement is one of the ugliest Australia has ever seen.”
Condemnation of the vandalism by Australia’s politicians was not universal, however. On the far left, Green Party Senator Jordan Steele-John refused to support a motion from a fellow lawmaker condemning the memorials’ desecration. “War memorials are not politically neutral spaces,” Steele-John argued to the Senate.
Adam Brandt – the leader of the Green Party who days after Hamas’ Oct. 7 attacks on Israel condemned “Israel’s occupation — declined to comment on whether vandalism is a legitimate form of protest.
Over 17,000 ANZAC soldiers fought in Korea and 60,000 in Vietnam. ANZAC forces also participated in the Gallipoli campaign of World War I.
Australia’s Senate has faced growing calls to recognize a Palestinian state. Recently, Fatima Payman — a newly elected senator and member of the majority Labour party — was suspended by Albanese after voting against the Labour Party’s official position when she supported a Green Party motion for Palestinian statehood.
Meanwhile, the city council of Sydney — one of Australia’s largest and wealthiest cities — last week passed a motion calling on lawmakers to review its investment portfolio to determine whether it is linked to companies which provide arms and other services to the state of Israel. Sydney Lord Mayor Clover Moore, who is not formally affiliated with any political party, backed the idea to move toward adopting the boycott, divestment, and sanctions (BDS) movement.
Such political steps have come amid a surge in antisemitic incidents across Australia.
In just the first seven and a half weeks after the Oct. 7 atrocities, antisemitic activity in Australia increased by a staggering 591 percent, according to a tally of incidents by the Executive Council of Australian Jewry.
In one notorious episode in the immediate aftermath of the Hamas onslaught, hundreds of pro-Hamas protesters gathered outside the Sydney Opera House chanting “gas the Jews,” “f—k the Jews,” and other epithets.
The explosion of hate also included violence such as a brutal attack on a Jewish man in a park in Sydney in late October.
Pro-Hamas sentiment has also led to vandalism. Last month, the US consulate in Sydney was vandalized and defaced by an unidentified man carrying a sledgehammer who smashed the windows and graffitied inverted red triangles on the building. The inverted red triangle has become a common symbol at pro-Hamas rallies. The Palestinian terrorist group, which rules Gaza, has used inverted red triangles in its propaganda videos to indicate Israeli targets about to be attacked. According to the Anti-Defamation League (ADL), “the red triangle is now used to represent Hamas itself and glorify its use of violence.”
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Rabbi Tory Candidate Berated Outside British Mosque, Called a ‘Snake’ and ‘Child Killer’
Illustrative: A pro-Hamas march in London, United Kingdom, Feb. 17, 2024. Photo: Chrissa Giannakoudi via Reuters Connect
A rabbi and Tory parliamentary candidate in England was berated with accusations of “smiling like a snake” and supporting the murder of children during a recent visit to a mosque in Greater Manchester, which has become a hub of antisemitic activity since Hamas’ Oct. 7 attacks on Israel.
Rabbi Arnold Saunders, the Conservative candidate for the heavily Jewish seat of Bury South, was invited last week to Bilal Mosque, located in the town of Prestwich, by its elders. During his visit, however, a member of the mosque began aggressively shouting at the elderly rabbi, who uses a cane, according to video circulated on X /Twitter.
“You are a snake”
WATCH the threatening way Rabbi Arnie Saunders was treated when he was invited to the Bilal Mosque in Prestwich, Manchester in his role as the Conservative candidate for Bury South by the mosque elders. That he was allowed to be abused, intimidated and have his… pic.twitter.com/X4PZTsteLq
— NW Friends of Israel (@NorthWestFOI) June 30, 2024
In the video, the enraged worshiper can be seen demanding that Saunders “condemn the IDF [Israel Defense Forces] in the strongest terms” for its military campaign targeting Hamas in Gaza.
“Don’t come to the house of Allah and try to engage with us when we know that what when you’re in your own places you’re saying that it is good that they are killing children,” the man continued.
“He’s happy that children are dying. Ask him to go,” he told mosque officials. “We don’t want to engage with these people.”
Muslim worshipers berate Rabbi Arnold Saunders outside of a mosque in Greater Manchester, England. Photo: Screenshot
“You come here and smile like a snake,” the protestor screamed at the rabbi as he stood up to leave.
Saunders attempted multiple times to respond to the man’s accusations but was repeatedly cut off. According to the video, other members of the mosque watching the exchange did not attempt to defend the rabbi.
British Jewish organizations quickly condemned the abuse of Saunders.
“We are disgusted by the abusive treatment of Rabbi Arnold Saunders … the footage clearly shows the rabbi was being targeted in this fashion due to his religion,” the UK’s main Jewish organization, the Board of Deputies of British Jews, said in a statement. “We urge all who care about the health of our democracy to call out this bigotry.”
The Jewish Representative Council of Greater Manchester & Region (JRC) similarly lambasted the treatment of Saunders.
“Rabbi Saunders is a much respected communal figure and we unequivocally condemn his treatment in this video. It is unquestionably antisemitic and we expect action to be taken,” the organization posted to social media. “The fact he has been attacked emphasizes how individuals are importing the tragic conflict taking place in Israel and Gaza onto the streets of the UK.”
North West Friends of Israel, an organization supporting Jews in the northwestern UK condemned the scene as well.
“That he was allowed to be abused, intimidated and have his personal space invaded is disgraceful and shocking,” the group said. “He must have feared for his safety. By contrast two of the mosque elders were recently invited to the Jewish Community of Manchester Bury South Hustings and treated with nothing but courtesy and respect.”
Saunders’ opponent for the British parliamentary seat in Bury South, Labour lawmaker Christian Wakeford, wished the rabbi his best. “Despite political disagreements, Rabbi Saunders and I have always had an excellent relationship and I hope he is OK following this incident.”
Recently, Manchester has evolved into somewhat of a hub for antisemitic and anti-Israel activity following the Hamas terrorist attacks of Oct. 7.
Earlier this year, two Israeli survivors of the Oct. 7 atrocities were detained and subjected to discrimination while being processed at Manchester Airport. According to the JRC, the two individuals, who were traveling to the UK to discuss narrowly escaping the Hamas onslaught, were singled out upon presenting their Israeli passports and explaining why they were there. British Border Force officers allegedly forced the Israelis to submit to two hours of “detention and interrogation,” as well as abusive comments.
More recently, a world map on the wall of Manchester’s Airport was removed by airport authorities after they were notified by the organization UK Lawyers for Israel (UKLFI) that the Jewish state was crossed out and instead labeled “Palestine.”
“While we are very grateful to Manchester Airport for its swift action, we are concerned that people are unable to walk past a map that mentions ‘ISRAEL’ without deleting its name,” ULKFI said of the incident. “This shows an extremely worrying attitude to the world’s only Jewish state.”
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