Irish Academia: A Collaborative Approach to Innovation

Ireland’s world-class higher education sector, in collaboration with industry and research focused institutions, bolsters Ireland’s research and development (R&D) ecosystem and fosters innovation across the country


MTU Cork Campus. MTU is a multi-campus technological university, consisting of six campuses in Cork and Kerry

Ireland is an innovation powerhouse. The country has become a science and technology global leader driven by a higher education sector prioritizing research and development (R&D). 

The small yet innovative island country is one of the leading R&D hubs in the world, placing 11th in global scientific ranking for overall quality of scientific research. Open and welcoming to all industries, the country has attracted more than 1,000 foreign multinational corporations to base significant operations in Ireland, and it also boasts an ever-expanding indigenous enterprise base. 

Key aspects of Ireland’s winning formula include its focus on talent, a supportive environment to launch start-ups, a relentless focus on excellence, and an exceptional level of collaboration between academia, industry, state agencies, and regulatory bodies.   

The country’s thriving R&D ecosystem is being further developed with an unprecedented investment of EUR 8.2 billion under the Irish government’s strategy for Science Technology and Innovation. This ecosystem further benefits from additional inward FDI, particularly stemming from the United States.

Mark W.J. Ferguson, Director General of Science Foundation Ireland (SFI)

According to Professor Mark W.J. Ferguson, Director General of Science Foundation Ireland (SFI), an Irish governmental agency, “SFI’s new ambitious strategy for Ireland is focused on delivering today while preparing for tomorrow. ‘Delivering today’ means developing Ireland’s top talent, building on our excellent research base and maximizing tangible benefits for our country in the immediate future. ‘Preparing for tomorrow’ means ensuring we have a cohesive system, fostering new talent and skills, and preparing to give Ireland first-mover advantage when it comes to emerging technologies. A key element is focused on deepening the existing collaborations and developing more partnerships. SFI’s 16 Research Centers provide world-leading capacity in strategically important areas of research for the Irish and global economy. The centers attract and retain FDI in Ireland and help grow indigenous industry, with research excellence and global thought leadership at their core.”

Deep Talent Pool

Ireland’s R&D success has always depended on, and will continue to rely on its people, a diverse mix of problem solvers from home and abroad.


Prof. Maggie Cusack, President,
MTU

Professor Maggie Cusack, President of Munster Technological University (MTU) stated, “Ireland’s unique talent pool is thanks to the country’s excellent higher education sector. The education system is really flexible and inclusive. This plays a key component to unlocking the full potential of Ireland’s human capitol, allowing for more agility, and responding to the needs of industry. When our students graduate, they are work ready. Our ecosystem encourages and supports innovation and entrepreneurship. Also, a lot of students return to university to up-skill and re-skill. We offer value for companies to essentially future proof their staff by having our graduates learn the skills they will need into the future. We work closely with companies of all different scales to ensure we are up-to-date on the needs across an array of sectors.” 

TU Dublin’s President, Professor David FitzPatrick, stated, “The number of people who are truly entrepreneurial and are really successful entrepreneurs is a small proportion of the population wherever you go in the world. Many entrepreneurs are driven by hunger – a need to show what they have is the best and see it succeed as the next big solution to the problems they want to solve. To encourage entrepreneurship, you have to let people develop a naturally curious, innovative mindset. That is part of what we try to create within our educational framework. I believe one advantage Ireland has in its educational system is that students maintain a broad mix of subject areas all the way through secondary education. This system is unlike the UK, where students end up specializing in three subjects. Here, your top six subjects are what counts for entry into university.”

Professor Orla Feely, Vice President for Research, Innovation and Impact at University College Dublin (UCD) discussed the higher education system and stated, “Ireland’s phenomenal higher education system consistently produces innovative graduates that are ready to excel in the modern workforce. Ireland is not only producing excellent local graduates, but also is an attractive destination for inward migration and we attract a lot of international students, faculty and researchers. We have succeeded in attracting outstanding talent from across Europe and the wider world. This has greatly contributed to Ireland’s as well as UCD’s dynamic and vibrant ecosystem.”

UCD Campus

Local and foreign graduates and researchers entering Ireland’s higher education institutions continuously comment on the sector’s nurturing environment that helps them achieve their full potential, and many alumni go on to create successful startups. For instance, a graduate of UCD, Dermot O’Shea, is the Co-Founder and CEO of Taoglas. Alongside Ronan Quinlan, he successfully grew the company to become a dominant player in the IoT antenna and RF market, in part thanks to his education at UCD. 

According to Dermot O’Shea, Co-Founder and CEO of global (Dublin headquartered), Taoglas, “As an enabler of digital transformation through IoT and a global leader of advanced antenna designs, Taoglas is a catalyst for indigenous Irish companies and some of the largest global corporations to achieve next-generation technology solutions and to develop their own IoT and M2M solutions. Taoglas is the one-stop-shop for enterprises looking to transform their business through IoT.” 

Another example, the University College Cork (UCC) runs Ignite, a 12-month program assisting graduates with entrepreneurial mindsets to turn original ideas into new products and services.

Professor John O Halloran, Interim President, University College Cork

Professor John O’Halloran, Interim President at UCC stated, “The concept of  Ignite is to grow and nurture talent. For example, one of the recent spinoffs from UCC’s research was PrecisionBiotics, a pharmaceutical precision company. They are currently working on truly fascinating products and services in relation to the gut microbiome and developing new opportunities in this field.”

He continued, “Another example is Oculus. Facebook recently purchased Oculus, which was another spinoff from our university. At UCC there is such a variety of talented students, researchers and staff working together to generate ideas that become viable concepts and commercial products or services for companies. Our direct connection with multinationals creates a circular ecosystem where we help each other solve tomorrow’s problems by creating innovative solutions today.” 

Unlocking Potential

As key hubs of innovation, Ireland’s seven universities have made and continue to make influential contributions to society. To further capitalize on this innovative potential, Ireland has established a new governmental department – the Department of Further and Higher Education, Research, Innovation and Science.

Professor Feely added, “This is quite an interesting time for research and innovation in higher education. Having a specific governmental department dedicated to furthering these endeavors showcases how dedicated Ireland is to growing the country’s capabilities in this arena. It has an ambitious agenda to drive national performance and link research and innovation performance with higher education performance. Ireland is dynamic and will continue to build on its strengths over the coming years.” 

The Value of Partnerships

Innovation is not a solitary pursuit, and no individual organization has the intellectual and financial resources to go at it alone. Alliances and collaborations are the cornerstone of Ireland’s R&D strategy, including partnerships between governmental departments, agencies, academia, industry, and international investors. A solid illustration of this is in Cork, Ireland’s second-largest city.

“Cork continues to develop as an innovation city connecting the ecosystems of UCC, Munster Technology University, and Tyndall National Institute,” said Professor  O’Halloran.

“We will start to connect these higher education institutes in a coherent way to give the best opportunity for innovation. I believe innovation happens on the boundaries of where industry is trying to solve problems and where educators are  researching and subsequently innovating. UCC is a research-intensive university, and I have developed what is called a connected curriculum. The main pillars of this connected curriculum include – research, sustainability, globalization, and interdisciplinary practices- because we will not solve global challenges alone. It is also connected to community engagement, as it is important to connect with our communities and engage with local industry.”

MTU Campus in Tralee County Kerry

Professor Cusack added, “Our undergraduate students work with local companies to address real issues companies are facing head-on. Design engineers collaborated with social scientists, nutritional experts, and more, and by working together they provided so much added-value, and helped companies overcome their challenges all while building more sustainable operations. We also have entrepreneurship training and a whole series of competitions we run to shine a spotlight on, and celebrate what our students have accomplished.” 

Another example is Skillnet Ireland, an organization responsible for supporting businesses with professional training to advance innovation and growth within Ireland. CEO of Skillnet Ireland, Paul Healy, stated, “Our mandate is to advance the competitiveness, productivity and innovation of Irish businesses through enterprise-led workforce development. We believe that maintaining a highly skilled workforce is essential to our national competitiveness. Our business is to ensure that your business has the skills it needs to thrive.”

Investing in the Future

Underpinning Ireland’s world-class research and development sector is its ability to attract funding from both the Irish government and partner with private sector, including attracting significant funding from the USA. In March 2021, the US-Ireland Research and Development Partnership announced an investment of EUR 13.5 million to be spread across 14 institutions in Ireland and the USA over the next three to five years.

Dublin City University’s Vice President for Research and Innovation, Professor Greg Hughes added, “Ireland will continue to prioritize focused R&D activities at a national level. This will have an overlapping interest for academia and companies operating in the knowledge economy including large-scale multinationals. To some extent, Ireland’s research and innovation strategy has been guided by our economic policies, which further adds to the country’s overall attractiveness as a hub for FDI.”

With significant financial investment, an international talent pool of brilliant minds, and a supportive environment, Ireland’s R&D sector continues to be an innovative force to be reckoned with, providing a wealth of opportunities to collaborate with the best and brightest in the world.


More Articles

  • Viewpoint: Zorana Mihajlović,  Deputy Prime Minister of Serbia, and the Minister of Construction, Transport, and Infrastructure

    Viewpoint: Zorana Mihajlović, Deputy Prime Minister of Serbia, and the Minister of Construction, Transport, and Infrastructure

    Serbia’s central position on the Balkans has been used as a bridge between West and East for generations.  This strategic position was the cause of many difficulties throughout history. Empires were always interested in controlling the crossroads going through Serbia. Nowadays, we consider this geographical position an advantage. We are doing our best to organize…

  • Interview: Zoran Babic, Director, Corridors of Serbia

    Interview: Zoran Babic, Director, Corridors of Serbia

    What will be the socio-economic impact of Corridor X? The Eastern part of Serbia is stricken by de-population due to lack of employment options. Corridor X will positively affect the employment rate in remote regions with high unemployment. The construction sector has provided new opportunities, and is actively creating a business environment which can attract…

  • Interview: Aigars Rostovski, President, Latvian Chamber of Commerce and Industry (LCCI)

    Interview: Aigars Rostovski, President, Latvian Chamber of Commerce and Industry (LCCI)

    Historically what have been Latvia’s most important economic drivers? Traditionally our biggest sector has been wood and timber produced from by our forests. They cover more than half of Latvia.  Forests are referred to as Latvia’s “Green Gold.” A second historically strong sector is manufacturing, in Soviet times Latvia was an industrial hub. A third…

  • Interview: Martin Gauss, CEO, Air Baltic

    Interview: Martin Gauss, CEO, Air Baltic

    How important is the development of Latvia’s aviation sector for the economy? If you look at the connectivity of the Baltic States, Riga at the moment is the key capital. Latvia being in Northern Europe has reachability issues. Connectivity with Europe by road and rail systems do not fully meet the needs of the region…

  • Interview: Ilona Lice, CEO, Riga International Airport (RIX)

    Interview: Ilona Lice, CEO, Riga International Airport (RIX)

    How do you assess the growth of the aviation sector? The Baltic economy will continue to be characterized by its steady and sustainable progress. The aviation sector accounts for roughly 2.5% of GDP, and cautious, and conservative estimates forecast a growth of 3%. During the past five years, we have invested EUR 154.2 million in the…

  • Interview: Toms Didrihsons, CEO, Orkla Confectionery & Snacks Latvia

    Interview: Toms Didrihsons, CEO, Orkla Confectionery & Snacks Latvia

    How is the post-recession recovery affecting the retail sector? Looking back seven or eight years we can see the general EU recession affected smaller countries in the Baltics quite heavily. The retail sector experienced a drop of 20-30%, which was a big hit. In the recovery process, you would expect some growth over the next…

  • Latvia: An essential global strategic transit hub

    Latvia: An essential global strategic transit hub

    The success of Latvia’s transport sector lies on a series of favorable circumstances. Latvia’s geographic location with access to both Russian and EU markets and its excellent infrastructure are the pillars of this success. Being located on the external border of the European Union, Latvia has quality infrastructure connecting the country to the Russian Federation,…

  • Interview: Ringolds Arnitis, Parliamentary Secretary,  Ministry of Agriculture

    Interview: Ringolds Arnitis, Parliamentary Secretary, Ministry of Agriculture

    How do you assess the agricultural sector? Latvia offers high-quality products which are environmentally friendly. These are two important reasons why international business’ choose Latvian products. Nearly 20% of Latvia’s export income is derived from the nation’s forests and another 20% from its agricultural products. EU financial resources have created new market possibilities. Since 2004,…

  • Interview: Aleksandrs Bartasevics, Mayor and Chairman of Rezekne City Council

    Interview: Aleksandrs Bartasevics, Mayor and Chairman of Rezekne City Council

    What are some of the benefits associated with investing in the regions? Investors should remember to evaluate other cities outside Riga. Latvia’s regions offer investors many advantages as opposed to the capital. The regions have fewer obstacles. One example is requesting permits and documentation for construction which takes several weeks longer in Riga than in…

  • Interview: Nikita Sergienko, CEO, Bite Latvia

    Interview: Nikita Sergienko, CEO, Bite Latvia

    How do you assess Latvia’s ICT sector? Latvia has one of the best networks worldwide and probably the best in the European Union. Taking advantage of this, and the qualified labor, many multinationals moved their back offices, call centers, IT centers and even head offices to Lithuania and Latvia.  Western Union, Swedbank, and even Barclays…

  • Interview: Reinis Rubenis, CEO, Swedbank Latvia

    Interview: Reinis Rubenis, CEO, Swedbank Latvia

    What challenges is the Latvian financial sector facing? One challenge for the Latvian banking sector is the number of banks. There are far too many banks in Latvia for such a small economy. Over the next five years, we will definitely see further consolidations taking place. This consolidation is necessary. A positive aspect of the…

  • Interview: Janis Lucaus, CEO, BTA

    Interview: Janis Lucaus, CEO, BTA

    How do you assess the insurance sector? Even though the sector caters to a small market in terms of population, it is highly competitive and evolving. A key factor to take into consideration is the number of competitors and a clear increase of international insurance players within the market. Competition has been beneficial for the…

  • Interview: Anda Caksa, Latvian Minister for Health

    Interview: Anda Caksa, Latvian Minister for Health

    How do you evaluate Latvia’s healthcare system? Over the pasttwo decades, life expectancy has increased by ten years. If we compare this to our neighbors, it is quite an achievement. However, in order to understand Latvia’s healthcare system, we need to discuss the issues and challenges that it has faced. The system has patient accessibility…

  • Interview: Edgars Rinkevics, Latvian Minister of Foreign Affairs

    Interview: Edgars Rinkevics, Latvian Minister of Foreign Affairs

    What are Latvia’s most prominent accomplishments? Latvia is an integral part of Europe and in May 2019 will celebrate 15 years as a part of the European Union. We are part of the eurozone, Schengen, and the OECD. Latvia operates according to similar legislation, rules, and principles as The Netherlands, Germany or Ireland. Therefore, Latvia…

  • Latvia: New electricity tariffs benefit consumers

    Latvia: New electricity tariffs benefit consumers

    Latvia is a net energy importer. Reforms continue in the electricity and gas sectors with the goal of opening competition in the domestic market. The government has made the full liberalization of the gas market a priority in 2017. Significant investments in gas and electricity infrastructure have been recorded to continue synchronization with the electricity grids…

  • Latvia: ICT sector surpassing 4% of GDP

    The turnover of the ICT sector is estimated at EUR 3 400 million, accounting for 4% of the total GDP. Approximately 6 200 companies operate within the sector. ICT related services, software, hardware, and telecom sub-sectors have grown significantly in recent years. The exportation of foreign-sourced computer hardware and software are a significant share of…

  • Martins Vanags, Managing Director, Skanste Development Agency, on creating Riga’s central business district

    Martins Vanags, Managing Director, Skanste Development Agency, on creating Riga’s central business district

    In the Riga City Development Strategy for up to 2030, the Skanste neighborhood has been defined as a priority territory: the central business district of the capital, a platform for European-scale events and a quality life and work environment for many thousands of Rigans. Next to the Historic Center and the “Quiet Center” of the…

  • Baiba A. Rubesa, CEO, Rail Baltica, on creating a new economic corridor

    Baiba A. Rubesa, CEO, Rail Baltica, on creating a new economic corridor

    Rail Baltica, a new railway infrastructure connecting the three Baltic States to Poland and indirectly to Finland, is often called the project of the century. This project marks a symbolic return of the Baltic States to Europe. Currently, most rail freight traffic in the Baltics originates from the CIS (Commonwealth of Independent States) countries and…

  • Latvia: An evolving global financial hub

    Latvia: An evolving global financial hub

    Local demand for global financial services is limited. The banking sector makes up 90% of assets within Latvia’s financial system. The insurance sector represents 2.4% of assets while the State-funded pension scheme around 5%. Banks dominate the financial sector of Latvia, and Scandinavian banks have the dominant share of the domestic market. Latvia’s financial sector…

  • Interview: Uldis Augulis, Latvian Minister for Transport

    Interview: Uldis Augulis, Latvian Minister for Transport

    What opportunities exist to foment further transit? Latvia is situated in a very privileged geographical position. Within the Baltic States, Latvia is the focal point connecting the West to the East. Our warm-water ports currently account for the biggest cargo freight transportation amongst the Baltic countries. Transit, logistics, and distribution of goods through Latvian ports…

  • Interview: Svens Dinsdorfs, CEO, Elko Group

    Interview: Svens Dinsdorfs, CEO, Elko Group

    What is your outlook for Latvia’s Economy? Latvia’s financial crisis had a big psychological impact on society in terms of spending. Since then, Latvia has experienced a slow but gradual increase in internal consumption which has aided the countries turnaround. The confidence of the population is continuously increasing which is directly boosting internal demand. This…

  • Interview: Arvils Aseradens, Latvian Deputy Prime Minister and Minister for Economics

    Interview: Arvils Aseradens, Latvian Deputy Prime Minister and Minister for Economics

    How do you assess Latvia’s economic growth?  Four key points are behind Latvia’s economic growth; European Funds, external situation, accumulation of private savings and rising income levels. Income levels have increased 5% in the past three years. This has been a very active base for private consumption. In addition, the private sector has large amounts…

  • Interview: Marta Jaksona, Executive Director, Foreign Investors’ Council in Latvia (FICIL)

    Interview: Marta Jaksona, Executive Director, Foreign Investors’ Council in Latvia (FICIL)

    How do you assess current foreign direct investments in Latvia? I would like to see higher levels of investment. Foreign direct investments in Latvia increased sharply after Latvia’s accession to the EU in 2004. After the crisis, the investment slowed. However, we saw this in the entire EU. The fight for investments is obviously increasing.…

  • Country Profile: Latvia

    Country Profile: Latvia

    The Republic of Latvia is a small country in Northern Europe and one of the three Baltic States. Latvia is a small open economy, and its exports account for the majority of its GDP. Due to the strategic geographical position of Latvia, the transport and transit sector is highly developed. Latvia became a success story…