Seanad debates

Thursday, 17 October 2002

Digital Hub Development Agency Bill, 2002: Second Stage.

 

We have been well served by the planning of all Governments and agencies over the years, but in order to keep us ahead of the posse, we need to invest continually in research and development. To a certain extent we have relied on outside companies to use their own resources for that research and development. In recent years the Government made a strategic decision on technology by establishing the technology foresight fund focused on research and development in biochemistry and the pharmaceutical industry. This is an effort to move our IT sector, which is probably one of the most revered in the world, up the value chain and to develop new sectors and technologies which will become like the fax or telex machines I encountered in my legal office.

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