‘Ireland must look at new ideas to attract investment’
Publishing a strategic paper on creating a commercialisation base, the organisation said the State was no different to any western economy at a crossroads in its development.
Nearly 100,000 people are employed in more than 580 US firms in Ireland, accounting for 70% of all Industrial Development Authority supported employment. At the same time thousands of jobs have been lost, with hundreds under threat, as multinational companies move their operations to cheaper workforces in eastern Europe and Asia.
