R&D ‘at heart of economy’s future’

THE future for the Irish economy is bright provided we continue to increase our focus on R&D.

Speakers attending an innovation conference in Dublin’s IMI yesterday stressed the critical role R&D must continue to play in building the future of this economy.

Statistics show spending on R&D by enterprise has risen 31% in real terms over the five-year period to 2009 and currently stands at €1.87 billion.