Cian O'Callaghan (Dublin Bay North, Social Democrats)

I welcome that recognition of its importance. I also understand that in a strategic sense, there is a strong logic for tax relief for companies that play a key strategic role in our economy. My concern is that because that logic is so strong, there has not been enough emphasis over the years on the other areas that need focus in terms of research and development. I welcome that the Minister acknowledges that there needs to be more focus in those areas as well. It is really important in terms of our long-term economic development. As the Minister said, it is not all just about commercial benefit either, there are other benefits as well. This is an area that has been neglected so if there has been a change of course and mindset, it is very welcome.