Seanad debates
Wednesday, 14 December 2016
Knowledge Development Box (Certification of Inventions) Bill 2016: Committee Stage
10:30 am
James Reilly (Fine Gael) | Oireachtas source
As anybody who knows anything about these areas - the same applies with venture capital - for every one that succeeds, ten fail. To encourage people to go into that group of ten, knowing that nine of them will not get anything out of it, it is necessary to create incentives and that is what this is about.
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