However, almost from the start, the model never functioned according to the political goals, i.e. an economically viable sector with secure and stable employment.
The sector is found to have moved some way towards a full sectoral innovation and production system, but it is impossible to predict whether a viable sector with a strong "triple bottom line" orientation will ultimate emerge, since many issues surrounding the social, environmental and financial sustainability still remain unresolved, especially relating to local and global governance.
Economist and venture capitalist Aristos Doxiadis does, on balance, think that tech can be a viable sector in the new Greek economy, but he says that he doesn't "see a huge number of jobs being created," at least in the short term.
Meanwhile, the workforce is scrambling to apply once in-demand skills to any viable sector of the economy where those skills no longer apply.
Subsidies undercut the cost of production in poor countries, making it harder for them to compete and damaging their efforts to establish viable agricultural sectors and move towards self-sufficiency.
Leftist agricultural unions in continental Europe recognise the central importance of protectionist measures in ensuring the EU has a viable farming sector.
In principle, a viable manufacturing sector should allow Britain to benefit from breakthroughs in science and technology, driving higher productivity growth.
That process might be enough to give the government full control and would leave the Bank of Ireland as the only viable private-sector lender in Ireland.
Our healthier economy has allowed us to have a relatively viable private-sector health care system, though there remains tremendous disparity from one economic class to another in infant and maternal mortality and access to basic care.
In the most optimistic scenario, an open, viable financial sector will create a large body of people with economic stakes in their society who will demand decent public services, which in turn should help to promote growth.Plenty of obstacles remain.
