“Israel knows that the most precious resource in the world is not oil, not gas, but the human brain,” Jack Ma said of Israel. 

Ali Baba founder Jack Ma, praised Israeli innovation and daring, saying that “in Israel, innovation is everywhere, like water and food, it’s so natural.”

Speaking at the Prime Minister’s Innovation Summit in Tel Aviv, the e-commerce mogul lauded Israel: “Small is beautiful, and small is powerful.”

He said he has learned two things about Israel during his two trips to the Jewish state: it has innovation, and it has chutzpah, “the courage to change.”