Israeli government drive to revive high tech falls flat
'Comparative Advantage' program correctly identified the problem but suffered poor execution.
When it was introduced in June 2010, the compliment that then Finance Minister Yuval Steinitz chose to bestow on the "Comparative Advantage" program for boosting Israel's high-tech industry couldn't have turned out to be a worse omen. "We can permit ourselves to be ambitious and declare that we want to see the establishment of an Israeli Nokia in the not-too-distant future," he said.
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