Preview

Private Sector Interaction in the Decision Making Processes of Public Research Policies

Good Essays
Open Document
Open Document
6181 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Private Sector Interaction in the Decision Making Processes of Public Research Policies
Private Sector Interaction in the Decision Making Processes of Public Research Policies

Country Profile: Ireland

1.
Political, institutional and economic framework and important actors
After a period of remarkable economic growth, the Republic of Ireland has reached a level of
GDP per capita which exceeds European average. Ireland has become the second biggest high-technology exporter of Europe. But Ireland’s research intensity has remained at 1.20% of GDP in 2004, below EU average. In 2003, the business sector financed 59.1% of R&D expenditure (EU average: 54.3%). Ireland has an ‘open’ economy which is characterised by a high share of foreign direct investment and an external trade approximately equal to GNP.
Foreign sources account also for a considerable portion of R&D expenditure. Further characteristics which influence the National Science and Innovation System include a considerable disparity of the economic performance and structures of regions and the need to develop the innovation capacities of indigenous enterprises.

In 2004, one-third of foreign affiliates in Ireland (300 enterprises) were active in R&D. They accounted for two-thirds of all business R&D. Of these, 50% spent less than €500,000 annually.
Nineteen foreign affiliates spent more than €5 million annually and accounted for two- thirds of all R&D performed by foreign affiliates in Ireland. One-third of indigenous enterprises
(1,000 enterprises) had some expenditure on R&D, with 85% spending less than
€500,000 per annum. Only twenty six of the 1,000 indigenous enterprises had expenditure of more than €2 million annually1. A recent core policy document summarises the challenges which this situation constitutes:

“Ireland is vulnerable in the growth sectors of the knowledge economy as the R&D capability to underpin success in these sectors is not well developed in the public and private sectors. Sustainable economic growth will be dependent on the success of

You May Also Find These Documents Helpful

Related Topics