As part of Our business ambition campaign, and with a focus on innovation, here we present our clear and actionable answers to safeguard innovation as a key driver of competitiveness, productivity and high-value employment.
Our paper highlights the following key points:
- Ireland must increase public investment in research and innovation to 1% of GNI by 2035.
- Establish a new multiannual fund to support the long-term needs of Ireland’s third-level institutions
- Imbalance is contributing to stagnation in Ireland’s innovation performance and risks undermining its comparative advantage
- Industry’s responsibility for the vast majority of innovation investment in Ireland, while public funding continues to lag significantly
