Oireachtas Joint and Select Committees
Tuesday, 27 March 2018
Select Committee on Jobs, Enterprise and Innovation
Estimates for Public Services 2018
Vote 32 - Business, Enterprise and Innovation (Revised)
5:00 pm
Stephen Donnelly (Wicklow, Fianna Fail) | Oireachtas source
Is that not exactly the point? We are more exposed to Brexit than anyone else in the EU. We are more exposed to the US tax changes than anyone else. We have to find competitive and comparative advantage. There are several but one about which I would say there is probably agreement across the committee and the House is that we have to be better than our friends in Europe at research, innovation, science and technology. AS a result, keeping at pace with them is not enough. For the same percentage, they can achieve more due to economies of scale. Technology does well with economies of scale.
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