Mr. Ciarán Nugent:

I will just go through it quickly. Where we fall down in public research and development specifically is in higher education research and development. We are spending all this money on sending people to university but in comparison with the research and development departments that drive success in the Nordic countries, we are spending half as much. They create high-end jobs. If we are talking about the entrepreneurial state, we have to pick strategic areas for development. One that is uncontroversial is the transition to a low-carbon economy. Denmark produced its own wind turbines because it did this work in the 1970s, and it is a world leader. Why are we not doing the same? Are there areas like tidal energy, where we could develop a speciality on the west coast, and those that are reliant on low-wage sectors in accommodation, food, etc.? Why not put the money into those kinds of areas?