We would be foolish to derail a ‘smart economy’

Ireland“Ireland has invested strongly in science research in recent years, since the Technology Foresight exercise was completed in 1999. Given current constraints on the public finances, some questions may arise: Does this investment pay? How can we see the return? We must be careful in making assessments on these matters. We may make some short-term (and wrong) decisions because the benefits of investments are not always direct, or immediate. The Technology Foresight reviews were undertaken a decade ago with the realisation that a production model based on low costs and labour surpluses had run its course …” (more)

[Seán Dorgan, Irish Times, 14 July]

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