Seanad debates

Thursday, 17 October 2002

Digital Hub Development Agency Bill, 2002: Second Stage.

 

I thank Senator Dooley for his comments on the impetus that the digital hub and Media Lab will provide to the sector. Senator Quinn knows about taking a risk in the private sector and it is true to say this is a risk, given that not everything that will be researched and developed for the companies involved and on behalf of universities will come to fruition. There will be failures and probably more failures than successes. Ultimately that will be judged on the basis of the success of the projects, but any experts we have consulted have told us the way this country is going in this respect is the correct way.

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