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BNS - According to a study carried out jointly by PricewaterhouseCoopers (PwC) and the Hamburg Institute of International Economics, the Estonian capital Tallinn's international advantage lies in information technology.
The comparative study of cities around the Baltic Sea suggests that Tallinn has a greater creative potential than Riga, Vilnius or the Polish city of Gdansk but lags behind Scandinavian communities, PwC said.
The strengths of Tallinn are achievements and capabilities in creating and adopting IT and software solutions while the city's weak points are insufficient openness and competitiveness of higher education.
It appears from the study that one way to further improve the competitiveness of the Estonian IT sector is to introduce tax breaks for highly qualified and well-paid labor for instance by setting a ceiling on the social tax.
The study embraced the Baltic capitals of Tallinn, Riga and Vilnius, and regional centers -- Turku of Finland, Umea of Sweden, Gdansk of Poland, and Kiel and Rostock of Germany.
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