Related note: 5 Months ago I remember hearing about their plan to introduce programming into elementary curriculum. http://developers.slashdot.org/story/12/09/04/2136256/estoni...
Related note: 5 Months ago I remember hearing about their plan to introduce programming into elementary curriculum. http://developers.slashdot.org/story/12/09/04/2136256/estoni...
They have executed well in the building. Financing is kinda easy for a country of only 1.3 million people heavily subsidized by the European Union (which Estonia is a part of).
During the 2008-2009 crisis (which is not done yet but I digress), the Estonian GDP took a gigantic hit: -20% of the GDP. That's what you get when you're taxing the private sector like crazy: the private sector, in usual circumstances, can barely survive. If any crisis happens, then the private sector dies and the economy crumbles (thank you socialism for the crazy high confiscatory tax rates on the private sector).
It's like Poland, for example: I love this country and it feels incredibly more "new" and even sometimes more "hi-tech" (e.g. in big cities malls) than western europe... But Poland is receiving crazy funding from the EU to get up to speed.
As an EU taxpayer, that said, it's good that at least some of money is used to invest in technologies that are bound to become very important in the future...
What is interesting to me about Estonia now is the lack of overall diversity in the tech sector there. The biggest tech employers seem to be the government, the banks, and Skype.
Maybe Skype buyout V2 will inject more in the way of a startup culture there.
I believe that's not unique to Estonia. The biggest tech employers in my country are the government and the banks as well (No Skype here).
Here is one Estonian Startups list: http://hub.garage48.org/estonian-startups - all in all, there are 100+ active startups in Estonia, which I would say for a country of 1 million people is quite a startup culture. Estonia now has I believe 7 or 8 European startup accelerator Seedcamp winners, trailing only UK, Seedcamp's home country.
Even then, we as Estonian startup people don't care where the main legal entity is. If it's started and run by Estonians, we consider it Estonian.
wow, it's nice you say that, but could you elaborate?
Support for start ups that create long term jobs and values might be a better use of the carbon credits they sold to Mitsubishi.
"Estonia has the highest gross domestic product per person among the former Soviet republics.[10] It is listed as a "high-income economy" by the World Bank, is identified as an "advanced economy" by the International Monetary Fund, and is a member of the Organisation for Economic Co-operation and Development. The United Nations classifies Estonia as a developed country with a very high Human Development Index,[5] and the country ranks highly in measures of press freedom (3rd in the World in 2012[11]), economic freedom, political freedom and education."
And first amongst former soviet states is not exactly knocking it out of the ball park.
Better weather?
> And first amongst former soviet states is not exactly knocking it out of the ball park.
Clearly, they should be ZEROTH.