TAOISEACH Enda Kenny has dubbed Dublin one of the most exciting places on the planet for building the businesses of tomorrow.
As he rang the opening bell for New York's Nasdaq stock exchange at the Dublin Web Summit - the first time it has been rung in Ireland - the Taoiseach described the "great honour".
"Ringing the Nasdaq bell from Dublin is symbolic of Ireland's prime position as a hub of digital enterprise and innovation," Mr Kenny said.
"Dublin and the Silicon Docks have become one of the most exciting places on the planet today for building the businesses of tomorrow and that is in no small part down to the energy, intelligence and dynamism of our people.
"Ireland continues to be a global magnet for tech start-ups and I'm confident they will play a large part in shaping the future of the internet."
Some of the world's top entrepreneurs are among 10,000 people gathering in Ireland for the two-day Dublin Web Summit - a festival of ideas and technology.
Dubbed 'Davos for Geeks', the event has this year attracted globally renowned innovators, inventors and investors from over 90 countries who will speak from six stages at the RDS.
Executive vice-president at Nasdaq OMX Bruce Aust described Ireland as a hotbed for creative and multinational talent.
He said the summit was a "tremendous platform" for Ireland to reach the international technology community, and praised the country's "great reputation as an innovative and dynamic location where the technology sector thrives".
A food summit - showcasing Irish food producers - and a night summit - featuring music and arts - will run alongside the main event.
Organisers said the Dublin Web Summit has grown since the first event in 2010 to become Europe's largest technology conference.
State investment agency IDA Ireland said it will be using the event to sell the country as a location for international businesses.