Dáil debates
Wednesday, 5 May 2010
Task Force on Innovation
4:00 pm
Eamon Gilmore (Dún Laoghaire, Labour)
On those recommendations, I understand the committee has not been set up yet, the fiscal issues such as the reduction in corporation tax for innovative activities have not yet been considered, we are not sure when the first jobs will appear and there was no answer regarding the public servants getting work experience in high growth business.
Turning to some of the other recommendations, the report recommended that the country should re-brand itself as an innovation hub and that a €500 million innovation fund would be established. What has been done about these matters? There was also a recommendation that Ireland should modernise its bankruptcy laws. Has any progress been made on that matter and which Department will bring in the legislation to modernise the bankruptcy laws?
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