Oireachtas Joint and Select Committees

Tuesday, 5 February 2013

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Reform of National Micro and Small Business Support Structures: Discussion

2:25 pm

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael) | Oireachtas source

I am dealing with the Senator's questions. The Senator is aware that we have to build new sectors that will employ people. Recent years saw excessive growth of domestic banking, property, construction and retail that was unsustainable. We now have to build a stronger enterprise base that will be founded on innovation, exporting and enterprise, and that does not happen overnight. Someone like the Senator who has been in business would know that. The Government cannot wave a magic wand so that enterprises are suddenly taking on people by the hundred thousand. We have to re-engineer the structure, try to fix the banks, reform elements of our own activity such as licensing, wage setting or whatever, and create a better environment, but that is what we are about. It will not happen overnight. It is naive to think it is about clicking one's fingers. It will not work that way.

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