ISRAEL - Four Israeli Universities Among Top 50

Arno Froese

Four Israeli universities are among the 50 world-leading academic institutions for producing successful entrepreneurs, a new study by market data company PitchBook has revealed.

Institutions were ranked according to those producing the most entrepreneurs who secure venture funding for their start-ups.

Undergraduate programs at Tel Aviv University was named eighth worldwide for producing successful entrepreneurs by the annual study, the highest among all non-US universities. Haifa’s Technion-Israel Institute of Technology (14th), the Hebrew University of Jerusalem (34th) and Ben-Gurion University of the Negev (49th) were all ranked in the top 50 universities for undergraduate programs.

Stanford University in California retained the top spot in the rankings, with undergraduate programs producing 1,288 founders who together established 1,114 companies and raised $37.8 billion in funding. University of California, Berkeley, and Massachusetts Institute of Technology (MIT) secured second and third place respectively.

The Technion, the oldest university in the country, has produced 510 entrepreneurs and 433 companies that have raised a combined $9.3b. since 2006. Leading companies, according to capital raised, include Better Place, Gusto and Tango.

Hebrew University, which moved up one place since [2018’s] ranking, produced 333 entrepreneurs and 294 companies, raising $5.5b. 240 successful entrepreneurs have emerged from Ben-Gurion University, based in Beersheba, to found 214 companies that have raised $3.5b. in funding.

MBA programs at Tel Aviv University were ranked 13th globally for producing entrepreneurs, the only Israeli university listed in the top 25 institutions worldwide. Harvard University led the MBA rankings, with 1,446 founders establishing 1,309 companies, which have secured an unrivaled $48.2b. in funding.

-www.jpost.com, 9 September 2019

Arno's commentary

While the various global organizations give us different results, there is no question about the US superiority when it comes to top universities. However, in this case, we note Israel’s amazing achievement, particularly highlighting the result of these universities: “Four Israeli universities are among the 50 world-leading academic institutions for producing successful entrepreneurs.”

Wikipedia lists four major Israeli achievements: 1) mathematics, 2) science, 3) computing, and 4) defense. Another report highlights, “Model of Quasicrystals Discovered by Noble Prize Winner Dan Shechtman of the Technion.” When it comes to military defense, Israel is second to none. Bloomberg Innovation Index reads: “Science and technology in Israel is one of the country’s most developed sectors. Israel spent 4.3% of its GDP on civil research and development in 2015, the highest ratio in the world. In 2019, Israel was ranked as the world’s 5th most innovative country by the Bloomberg Index.” But there is much more to come, for in the end, the prophecies of Isaiah 62:2 will be fulfilled: “And the Gentiles shall see thy righteousness, and all kings thy glory: and thou shalt be called by a new name, which the mouth of the Lord shall name.”

Arno Froese is the executive director of Midnight Call Ministries and editor-in-chief of the acclaimed prophetic magazines Midnight Call and News From Israel. He has authored a number of well-received books, and has sponsored many prophecy conferences in the U.S., Canada, and Israel. His extensive travels have contributed to his keen insight into Bible prophecy, as he sees it from an international perspective.

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