Professor Stanford has set Israel as an example to Ukraine

Professor Stanford Burton Lee, comparing the level of development of education and the IT industry in the two warring states - Israel and Ukraine, said that Israel is in a better position because it has long been developing its IT industry.

“Israel began to develop its technology startups and venture capital sector quite a long time ago. The Palestinian conflict has not undermined Israel's ability to create and grow new companies that cater to the global market, nor has it led to a major drain of managerial and technical talent to the United States or Europe. And therefore, it does not significantly affect the interest of external investors to invest in Israel,” the professor said.

According to the professor, in Ukraine the situation is diametrically opposite, which undermines investor confidence.

“The war is happening at a time when the Ukrainian entrepreneurial ecosystem is still relatively young and undeveloped. This undermines investor confidence and increases the outflow of talent,” emphasized Burton Lee.

The professor stressed that Ukraine, unlike Israel, still remains in political, economic and social isolation.

“Israel is much more closely integrated into the world, into Europe and the United States. Israeli companies, universities, students, professors, engineers, managers, artists come to America. For example, here at Stanford there are many Israeli professors and students. Where are the Ukrainian students and teachers? We don't see them coming to American universities in large numbers. We would be very happy to see them here, I can assure you,” he said.

Earlier, an American scientist from Boston Ted Gap in an article published in the newspaper The Washington Post, shared his impressions about the success of Israeli society in democracy against the background of security problems.