Professor Peter Clinch:

The Senator is absolutely right and I can add to that. The distance between research and development, on the one hand, and manufacturing or services activity and delivery to the customer on the other is getting much smaller and the innovations are being rapidly introduced to product delivery. Companies are bringing those pieces together to shorten the lapse of time between them. If Ireland wants to retain its multinational investment but also bring its companies up to that level, it is absolutely critical. I agree with the Senator.