Innovation State - Global Perspective
Estonian e-Government Estonia ranks among the most wired and technologically advanced countries in the world with a high web penetration rate, widespread e-Commerce and e-Government services embedded into the daily lives of individuals.
Estonia has an excellent educational system as well as a highly efficient and well-developed goods and financial market. Ranked 22nd in macroeconomic stability, Estonia demonstrates a strong commitment to advancing technological readiness and success in public finance management. The country’s leading margin ahead of the rest of the region is attributed to its flexible and efficient labor markets ranked 12th globally. These markets have proven to be rigid and less efficient in other countries throughout much of Europe. More so than any other country in Europe, Estonia
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has taken public action to improve its future economic standing for citizens. From 2001 to 2011, Estonia increased its R&D funding by 239 percent, the largest increase out of any country in the world. Since 2001, Estonia has created a 6-year strategic plan through the Estonian R&D Council to determine the country’s direction for R&D and innovation. In the latest strategic plan, Estonia set out specific benchmarks to accomplish by 2020. These goals include increasing productivity per employed person to 80 percent of the European Union average, raising the level of investment in R&D to 3 percent of GDP and increasing the share of
The X-Road is Estonia’s Secure Data Sharing Network
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