R&D investment delivers competitiveness pay-off.

The article focuses on the economic benefits associated with investment in research and development (R&D) according to Maurice Dagg's book "Perspectives on Irish Productivity. In his book, Dagg concluded that R&D investment contributes to the productivity, human capital development and economic growth of Ireland. He cites studies showing the importance of research in industrial innovation and science. The effects of research on productivity growth is mentioned.