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Over 500 multinational corporations (MNCs) from some 35 countries are active in Israel, a majority of them seeking to enhance their core capabilities through open innovation in the “Startup Nation,” according to a new survey published on Tuesday.

The report titled “The State of Innovation,” and released by Start-Up Nation Central (SNC) and PwC Israel (PricewaterhouseCoopers Advisory Ltd), offers a comprehensive look at the status and evolution of multinational activity in Israel as a leading innovation destination and the home of the highest concentration of startups per capita in the world.

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