Oireachtas Joint and Select Committees

Tuesday, 4 February 2014

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Research and Development Landscape: Minister of State

1:55 pm

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail)
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There has been a great deal of investment in this sector. For small businesses who are not interested in exporting, those which are not relevant to Enterprise Ireland or Science Foundation Ireland, there is not a lot going on. I support this investment but we need to start challenging this sector. It is not good enough that only 16% of the 164 companies in this sector are engaged in research, development and innovation. IDA Ireland needs to be challenged. Is the Minister of State going after the low hanging fruit? We have so many people in institutions abroad who are superbly qualified having come through our third level institutions. Is that brainpower being utilised?