Seanad debates

Wednesday, 5 February 2003

Industrial Development (Science Foundation Ireland) Bill 2002: Second Stage.

 

I implore the Minister to take a tough line on this at Cabinet. She was right in saying that our sustained economic growth and prosperity will depend upon establishing a culture of scientific and technological innovation, a high level of research and development and a globally competitive knowledge-based economy. The Minister further stated that this repositioning is essential if we are to provide sustainable, high-quality, well-paid jobs in the future. I could not agree more. She said we must strengthen the scientific foundations on which we develop high productivity, high technology and market driven, knowledge-intensive investment, including start-ups in the industrial and services sectors. This is right, but it will not happen simply through Science Foundation Ireland. We must protect the other areas which are extremely important.

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