Hyster Research and Royalty Safeguards
Bruton asked whether taxpayer-funded Hyster research in Blanchardstown was creating jobs in the United States and whether the IDA should receive royalties in such cases; the Minister said the proposal was worth examining.
Do the figures the Minister gave include research and development carried out by the Hyster Corporation in Blanchardstown? Will he confirm that the results of that research, having been financed by the Irish taxpayer, are now being used to create jobs in the United States of America?
Comment on this
Arising from the Chair's ruling, in cases such as this where the research is carried out here and the company closes down, does the Minister consider it appropriate that a safeguard should exist in the form of some sort of royalty to the IDA on the results of the research and development if it leads to job creation elsewhere but not here?
