17 A REGIONAL AND GLOBAL MIRACLE: Israel’s Start-Up Ecosystem Overview Nir Ben-David CEO of ICaN When considering population size, Israel has produced more special entities (such as unicorns and exits) per capita than any other country, even the U.S.! In the last decade Israel has emerged as a leading innovator. Surrounding Arab countries may be able to pump oil, but the country of Israel is like a huge tech incubator that is pumping out new ideas at an unprecedented rate. This has allowed them to attract tech giants, leading thinkers and venture capital from around the globe. Though trans-national tech firms are setting up shop around the globe in countries like Singapore, India and Ireland, they don’t establish their mission critical work in those places.
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