In a changing market which is more demanding and competitive, entrepreneurs don’t pay enough attention to their markets, investors say.
Two decades since Israel’s high technology industry took off, many of the country’s start-up entrepreneurs have yet to develop the skills to position their products in the marketplace, devise effective business strategies and develop the management skills to build large and growing companies, investors and industry consultants say.
Speaking at the sidelines of the High Tech Industry Association conference in Jerusalem, the annual jamboree of Israel’s start-up industry, investors were unanimous is praising Israeli innovation. But many cautioned that technology is only half the story and that start-up entrepreneurs often fail to size up the market and its needs, competing technologies and changing conditions before they try to raise capital and develop their idea.
To read the full, original article click on this link: Israeli Start-Ups Get A... JPost - Features - Insights & Features
Author:This email address is being protected from spambots. You need JavaScript enabled to view it.
