State’s smart economy needs ‘people and patience’

Ireland“Ireland is more than capable of building a smart economy, but it will need two things – people and patience, the president of Stanford University has told a Dublin audience. Universities do not create innovation, they create the capacity for it to happen, said Dr Hennessy during an address yesterday to an audience at the US ambassador’s residence in the Phoenix Park. But once a discovery was made the host institution must allow the researcher the freedom to develop any commercial potential, he said. ‘You do not transfer technology, you transfer people. It is people, people, people,’ he said yesterday during a talk that was hosted jointly by the Higher Education Authority and the embassy of the United States …” (more)

[Dick Ahlstrom, Irish Times, 17 March]

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