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Thu 08 Aug 2009It pays to put faith in funding
Sustained investment in a knowledge economy makes sense as part of a wider recovery strategy, writes chief Government scientific adviser DR PATRICK CUNNINGHAM
TOTAL PUBLIC expenditure this year will be about €64 billion, with funds under unprecedented pressure. Special case arguments can be made for most sub-heads. So why should the public investment in Science Technology and Innovation (STI) receive special consideration? The basic reason is that it is an essential investment in the future productive capacity of the country.
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