Warning bells are ringing about the Irish economy’s dependence on foreign direct investment. FDI companies are a fraction of all enterprises but their impact on the economy is huge, productivity is impressive, and they are leaders at innovation.  There are now alarming risks with FDI dependence: the risk of decline due to Trump’s protectionist policies, more competitive nations — whether talent, infrastructure or, as the Apple ruling stirs up, better, more certain tax policies — or when these enterprises stall. Then there is the disconcerting risk that domestic enterprises’ potential is overlooked because of FDI. If a high-potential segment of…

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