Peter Burke (Longford-Westmeath, Fine Gael)
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There is an increase. As an economy, we have increased research and development spend by more than 400% in the last decade. This shows where we are going at the moment. If you look at the IDA last year, it spent €1.8 billion on research and development. It is looking for €7 billion over the next five years. All those figures are up. There are record levels of research and development in the economy. For this year, there is €215 million in capital funding.