An interesting and optimistic look at the effect of Brexit on the UK and Irish tech industries.
Regardless of its global network environment, the UK faces big challenges from more earthly factors such as data protection regulations, EU funding for research being withdrawn, and tax on business.
Will the UK no longer being invited to the table for collaboration mean Dublin's digital hub can only grow?
Is the UK’s tech sector staring down a period of international isolation or will the global network effect shield it from long-term damage? Language, market access, talent and tax are the cornerstones of Ireland’s success in attracting tech companies and one knock-on effect is the creation of a ‘cluster effect’ where start-ups and multinationals can engage, share ideas and work together. It also offers up a climate where local start-ups have a genuine possibility of acquisition - great news for entrepreneurs. Dublin remains a vibrant start-up ecosystem, far ahead of London. Long may this continue. A Brexit implies we’ll be seeing more of an isolationist UK, which will be bad for jobs and bad for attracting companies looking to network and innovate alongside the big players. I don’t think there will be many of these shores unhappy about that.