The report notes that private equity can boost the creation and development of innovative firms. The OECD's report notes that business angels operate in a seed/early stage investment and commonly "target firms with high potential to generate substantial revenues over the medium to long term". The OECD notes that Belgium introduced one in the 2000s. The OECD argues that given Ireland's rate of corporate tax, then the reduction in average effective tax levels would be limited. The OECD notes that employers need to be encouraged to fund more training for employees and suggests that a greater share of funding under the National Training Fund could be allocated to those in employment.

Source: Irish Independent March 18, 2018 18:00 UTC