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by echubb
5619 days ago
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Here in Ireland we're constantly hearing about "the knowledge economy" but I think it has yet to materialise. Ever since Intel set up shop here we've managed to attract the biggest movers in technology to set up their European HQ. So much so in fact that the bigger European countries constantly bitch about us, citing our 12.5% corporation tax rate to mask their own failure in attracting these investments. The real reason probably has to do with the fact our spoken English is the best in the world and years of "free" fees for college places have resulted in a hugely educated population. Producing indigenous firms which don't serve niche markets is still beyond us. This is probably due to a conservative funding community with the "spend way more than you need, we'll refund it after" model, as well as university students majoring in "safe" subjects like arts, languages or business rather than mathematics and computer science. Even for those students majoring in compsci, they gear you towards getting a job, not starting your own company. |
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Of course, regardless of how great we think we are as a startup hub, I've seen very little focus on startups here. Besides the occasional startup weekend, nubie.ie and Enterprise Ireland (which, IMHO, isn't very useful to a lot of - if not most - Internet tech startups), I see absolutely nothing here that shows any kind of innovation or advancements in the way of startups. Which is a pity, because I think that would be a great start to improving the economic situation.
university students majoring in "safe" subjects like arts, languages or business rather than mathematics and computer science
Funnily (or sadly) enough, I think the "safe" subjects are the ones that are really feeling the full force of the economic problems, while jobs in sciences, from where I stand anyway, are reasonably plentiful (well, compsci anyway, I haven't paid much attention to others since they're not relevant to me personally).
Even for those students majoring in compsci, they gear you towards getting a job, not starting your own company.
Agreed. This is definitely the case here. I think its holding back our potential, but I don't know what could be done about it really.
[1] http://www.bloomberg.com/news/2010-10-21/google-2-4-rate-sho...
[2] for example, http://irishdev.com/Home/News/1403-The-State-of-Play--IT-Gra... though from personal experience I know this to be true for all kinds of computer/programming related jobs