Dr. Orlaigh Quinn:

We must focus on competitiveness and productivity. We have to remain competitive in the marketplace. That is a struggle for us because we tend to have high wage rates by comparison with other countries. It is a matter of competitiveness and upping our game in the new sectors where we want to position ourselves as the global innovation leader. This involves automation and fintech. We really want to move towards the high-quality jobs. We have made some really good moves in that area. The launch of the new disruptive technology fund is an example. There will be invitations and there will be competitive funding of €500 million. It is absolutely focused on what is new and what will add to our offering. It is an opportunity to really test the market. Much of our funding is very much on a competitive basis.