Israel is an example of how a country can develop through innovation. A country of only 8 million people with few natural resources has become one of the top nations for innovation and R&D. Israel has over 72 companies listed on the NASDAQ, second only to the US and China. According to Dana Gavish Fridman – Macedonia2025 Summit Speaker, academia is the first bead in this Startup nation necklace. Another key factor to this transformation is an amazing dedication of its people to see Israel succeed, despite the very difficult circumstances. People are crucial and Israelis show this by nurturing a risk-taking culture and an extremely creative and quickly adaptive mind-set. Fear of failure is overcome by witnessing more and more successful stories. Anything is possible if you put your mind to it!