Seanad debates
Wednesday, 5 February 2003
Industrial Development (Science Foundation Ireland) Bill 2002: Second Stage.
Senator Ryan spoke about Paul Krugman and asked whether companies and countries are competitive. Although I do not run a company, Ireland is a company from my perspective. A country can do many things to make itself competitive. Ireland's competitiveness is not just about low rates of taxation, as tax does not matter if one cannot make a profit. Competitiveness depends on things like skilled and flexible employees, efficient public services, political stability and scientific innovation. I am engaged in close co-operation with the Minister for Education and Science, Deputy Noel Dempsey, in relation to this area. It was easy to reach agreement about certain matters in a small country like Ireland when there was no money here for science and innovation. Turf wars can break out when money becomes available, however, and people fail to see the big picture.
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