Mr. Bogdan Ciobanu at the Industry, Science and Technology Committee

I have a general comment.

Of course there is value in both basic research and the application of this research to commercialization. There is a continuum.

I think this is the most important thing for our economy, for our innovation economy—to instill this innovation mentality along the whole chain of the innovation process from the basic research to the commercial utilization of this research for commercial applications.