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One of the things that has been truly incredible to observe though, is the amount of venture investment that has gone into early stage security technology.

Israel stands proudly at the forefront of international achievement. The world's leading corporations - Google, Intel and Motorola, to name but a few - maintain research and development facilities here, and our technology start-ups continue to be acquired by the likes of AOL, eBay and IBM.

Mutual investments of Israeli and American companies strengthen economic ties between the two countries and contribute to Israel and to the U.S. alike.

Israel now has a reputation around the world of being not just a place to develop products and technology but to develop ideas.

We need to keep investing in economic and homeland security. We need to bank on the right kind of economic development. We need to embrace opportunities, but with the right kind of safeguards.

Israel has incredible entrepreneurial spirit and a deep bench of technology talent.

For Israel to retain its amazing position as the largest concentration of high tech after Silicon Valley, we need more engineers and mathematicians. We have too many lawyers.

Many entrepreneurs, and the venture investors who back them, seek to build billion-dollar companies.

The more entrepreneurs in the world that are getting their ideas financed, the more great companies there are going to be that we can all invest in.

First of all, in terms of investment in Internet-related developments, venture capitalists - once burned - are now very cautious and are investing in areas that actually make business sense.