While foreign direct investment is crucial to Ireland’s economy, the Action Plan for Jobs 2013, coupled with a national entrepreneurship policy, has placed the need to stimulate an entrepreneurial economy high on the Government’s agenda. At a macro level, entrepreneurs were responsible for 85 per cent of job creation within the EU between 2002 and 2010. From a local perspective, 67 per cent of all new job creation comes from businesses in the first five years of existence.
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