The report welcomes the establishment of Knowledge Transfer Ireland to provide companies, for the first time ever, with a comprehensive overview of the research capabilities of all Irish universities, institutes of technology and specialist research centres.
Research and innovation was one of the highlights of the report, with close to 860 companies involved in significant R&D projects of above €100,000 spend in 2013, and with almost 140 companies engaged in substantial R&D projects of over €1m spend, both results up on the 2012 figures.
The report also details KTI’s Technology Transfer Strengthening Initiative, which supported 34 new spin-out companies from Ireland’s colleges, and the transfer of 119 commercially valuable packages of technologies and intellectual property to companies.
Pictured at the launch of Enterprise Ireland's Annual Report and Accounts for 2013 (Thursday 10 July 2014) are Richard Bruton TD, Minister of Jobs, Enterprise and Innovation, Julie Sinnamon, Chief Executive Officer, Enterprise Ireland and Terence O’Rourke, Chairman, Enterprise Ireland.
Launching the Report Julie Sinnamon, CEO Enterprise Ireland said: ‘The strong performance of our client companies and their capacity to continuously innovate, develop new products and services and win new export business against the toughest of international competition, represent a tremendous achievement. This success in the global marketplace has given rise to the highest net jobs creation recorded in the last decade.’
These companies are contributing hugely to the performance of the Irish economy. Driving continuous innovation and export growth leading to job creation right across the country will continue to be the major focus for Enterprise Ireland over the coming years. As an agency, we are completely committed to this mission, and to working with our client companies to realise their ambitions’.