Wednesday, 24.03.2010
Report: Innovation could create up to 215,000 jobs

A new report has told the Government that up to 215,000 jobs could be created in the next decade by the country becoming an innovation leader. <br /><br />Established as part of the Smart Economy plans, the Innovation Taskforce said Ireland has the capability to be a global innovation hub. <br /><br />But the taskforce warns that a national effort and change of attitude is required to deliver the iniative, with spending having to be prioritised on innovation. <br /><br />Launching the report, Taoiseach Brian Cowen said it offers the country hope for the future.<br /><br />"It won't happen overnight," Mr Cowen said.<br /><br />"It will require a reprioritisation of resources at a difficult time. We will need to adapt a strategy, and respond to new challenges as we proceed.<br /><br />"But above all it requires the different elements of the public and private sectors to work together effectively.<br /><br />"It can be done, and the Government is determined that we proceed with confidence," the Taoiseach said.