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

  • Interview: Seamus Neely, Chief Executive, Donegal County Council

    Interview: Seamus Neely, Chief Executive, Donegal County Council

    Donegal’s FinTech Hub Develops Letterkenny designated Regional Growth Center in the National Planning Framework How do you assess Donegal’s economy?  Donegal’s economy is performing strongly, and employment is on the rise. The county has a thriving fin-tech hub, and a significant FDI track record. 75% of investors are continuously growing their operations and Donegal’s indigenous…

  • Ireland’s Regions Seek Investment

    Ireland’s Regions Seek Investment

    Interview: John Mulholland Chief Executive Laois County Council What is your economic forecast for County Laois?  County Laois has benefited from nearly 700 million euro in public national infrastructure projects over the past two decades. These projects connected Laois’ central location to Ireland’s west and east coasts. The county benefitted from its strategic location in…

  • Interview: Dr. Pat Gallagher, Chief Executive, Westmeath County Council

    Interview: Dr. Pat Gallagher, Chief Executive, Westmeath County Council

    Westmeath: In the Heart of Ireland How do you assess Westmeath’s economy? Westmeath’s two biggest towns, Athlone and Mullingar, have their own distinct economies that have developed backed by the regions central location, developed motorway network, excellent utilities, and highly educated workforce. Mullingar is one hour from Dublin by car, train or bus and has…

  • Interview: Joan Martin, Chief Executive, Louth County Council

    Interview: Joan Martin, Chief Executive, Louth County Council

    Louth County: The Land of Legends Although Louth may be Ireland’s smallest county, it has plenty to offer. It is the second most densely populated county in the nation, outside of Dublin. The majority of Louth’s population resides in its two largest towns of Drogheda and Dundalk. Joan Martin, Chief Executive of Louth County Council…

  • Interview: Moira Murrell, Chief Executive, Kerry County Council

    Interview: Moira Murrell, Chief Executive, Kerry County Council

    Kerry: A Stunning Place to Work Quality of life, the availability of a skilled workforce, ease of access, fiber-based broadband and government incentives combine to provide a positive business environment  How are Ireland’s rural regions developing?  There currently is a strong national focus on the development of Ireland’s regions and their improved interconnectivity. Kerry increasingly…

  • Interview: Daniel McLoughlin, Chief Executive,  South Dublin County Council

    Interview: Daniel McLoughlin, Chief Executive, South Dublin County Council

    How is SDCC preparing to accommodate future FDI?  SDCC is home to Grange Castle Business Park, the largest wholly owned local authority FDI site in Ireland. It has become the location of choice for world-class multinationals such as Pfizer, Microsoft, Amazon and Google. It is a world class facility with investments of over 5 billion…

  • Ireland’s Booming Data Center Scene

    Ireland’s Booming Data Center Scene

    New design and build model leads to fastest delivery of a 10 MW data center in Europe By the end of 2019, Dublin is set to outstrip London as the biggest European data center market by take-up of data center space – both colocation hubs and hyper scale self-builds. Within this thriving sector, business success…

  • Interview: Mark Foley, Group CEO, EirGrid Group

    Interview: Mark Foley, Group CEO, EirGrid Group

    Powering Ireland’s Economic Development  What advantages does Ireland offer energy intensive industries?  We have a proud history of supporting FDI in Ireland, and the nation remains the premier European country in terms of attractiveness. It started with the pharmaceutical industry, then the tech firms, and more recently the data center industry has arrived.  Ireland’s transmission…

  • Interview: Michael McAteer, Managing Partner, Grant Thornton Ireland

    Interview: Michael McAteer, Managing Partner, Grant Thornton Ireland

    Grant Thornton Ireland: Driving Business with Purpose How do you assess Ireland’s economy?  Ireland is a small and open economy that it is heavily affected by global economic events. It is the reason why our economy was severely impacted a few years ago, and is now experiencing such a strong rebound. Brexit is Ireland’s biggest…

  • At the Forefront of a Low-Carbon Revolution

    At the Forefront of a Low-Carbon Revolution

    Ireland is allocating 22 billion euro to transform into a low-carbon economy by 2050. The private sector in turn is doing its part to export its own expertise globally Martin Naughton is one of Ireland’s most prominent industrialists and philanthropists. His efforts in promoting the private sector’s contribution to peace and environmental sustainability led him…

  • Interview: Nicholas Butcher, Managing Partner, Maples and Calder Dublin, Maples Group

    Interview: Nicholas Butcher, Managing Partner, Maples and Calder Dublin, Maples Group

    Ireland Set to Become the Largest Common Law Jurisdiction in the EU Post-Brexit There is a strong initiative across the Irish legal sector to promote Ireland as a convenient and appropriate hub for international transactions  Maples Group is a leading service provider offering clients a comprehensive range of legal services for the British Virgin Islands,…

  • Interview: Martin McVicar, Co-Founder and CEO, Combilift

    Interview: Martin McVicar, Co-Founder and CEO, Combilift

    Innovative Solutions for Warehouse Management  Combilift’s space saving solutions captivate European clients, while improved safety allures US clients How is Combilift developing its business services to bring additional value to clients?  We have an established warehouse design department with nine engineers exclusively working on aiding our clients to design and create more efficient warehouses, saving…

  • Chanelle Pharma Eyes Expansion into the US Market

    Chanelle Pharma Eyes Expansion into the US Market

    Ireland is home to the world’s top pharma companies Chanelle Pharma is Ireland’s largest indigenous manufacturer of generic human and veterinary pharmaceuticals. Innovative Irish man, Michael Burke founded the company in 1983, and still leads the company today out of their headquarters in Loughrea, Co. Galway on the west coast of Ireland.  Chanelle Pharma manufactures…

  • Interview: Michael Burke, Founder and Managing Director, Chanelle Pharma

    Interview: Michael Burke, Founder and Managing Director, Chanelle Pharma

    How has Ireland’s pharma sector developed?  Nine of the ten largest pharmaceutical companies in the world are present in Ireland. The sector has matured rapidly and is a significant contributor to Ireland’s economic success. Chanelle Pharma is unique as it remains an Irish owned company, and is heavily committed to R&D and exporting to over…

  • Interview: Joe McGinley, CEO, Iconic Offices

    Interview: Joe McGinley, CEO, Iconic Offices

    Dublin’s Most Iconic Flexible Workspace Increases its Unique Property Portfolio In a complicated business world, flexible workspace solutions are a tactical advantage How do you evaluate Dublin’s property market?  Dublin is in the latter stages of a cycle, and sourcing new locations is increasingly complicated. Wealthy, primarily technology, companies are driving up prices and tenants…

  • Interview:  David McRedmond, CEO, An Post

    Interview: David McRedmond, CEO, An Post

    Building a European E-commerce Logistics Hub The development of ‘An Post Money’ and ‘An Post Commerce’ is future proofing the business for the long term How has the digital age impacted An Post’s development?  Digital communication has substituted physical letters, which translated into a fall in revenue for An Post in the letter delivery business.…

  • Interview: Anthony Smurfit, Group CEO, Smurfit Kappa

    Interview: Anthony Smurfit, Group CEO, Smurfit Kappa

    Irish Roots with Global Reach From humble beginnings as a small box-making factory in Rathmines, to becoming the first Irish multinational, Smurfit Kappa is an innovative world leader in corrugated packaging How has Smurfit Kappa evolved across the years?  We have been in business since 1934, starting out making cardboard boxes and packaging for the…

  • Interview: Mark O’Sullivan, Partner, Matheson

    Interview: Mark O’Sullivan, Partner, Matheson

     A decade after the financial crisis, Ireland retains a strong globalized business model. Corporate business investment is at record levels and collectively, US multinational investments amount to $387bn, representing 67% of all foreign direct investment in Ireland and 12% of US investment in the EU. What core facts best highlight Ireland’s role as a gateway…

  • Egypt’s banking sector remains resilient

    Egypt’s banking sector remains resilient

    Banks retain strong credit growth, profitability, funding, liquidity, and loan profiles. The sector is extremely optimistic about its growth prospects in 2019. According to a Mckinsey Egypt and Morocco are among the top emerging markets in the Middle East and North Africa region. 2016 was a particularly active year for the financial sector with the…

  • Blended Finance: The EUR 45 000 million global market

    Blended Finance: The EUR 45 000 million global market

    The OECD defines Blended finance as the strategic use of development finance for the mobilization of additional funding towards sustainable development in developing countries. Private capital is pooled with public funds to invest in projects aimed at furthering national development. This can be done in everything from infrastructure, clean energy, climate change, or poverty alleviation,…

  • Interview: Osama Bishai, Chief Executive Officer, Orascom Construction

    Interview: Osama Bishai, Chief Executive Officer, Orascom Construction

    Orascom Construction is a leading global engineering and construction contractor primarily focused on infrastructure, industrial and high-end commercial projects in the Middle East, North Africa, the United States, and the Pacific Rim for public and private clients. The Group also develops and invests in infrastructure opportunities. What is your outlook for Egypt’s economy? We see incredibly…

  • Interview: Prof Ismail Abdel Ghaffar Ismail, President, Arab Academy for Science, Technology and Maritime Transport  (AASMT)

    Interview: Prof Ismail Abdel Ghaffar Ismail, President, Arab Academy for Science, Technology and Maritime Transport (AASMT)

    The Arab Academy for Science, Technology & Maritime Transport is a regional university operated by the Arab League which runs programs in marine transportation, business, engineering and is quickly growing its curriculum to ensure recent graduates meet labor market requirements. Established in 1972, the multi-purpose & multi-task institution specialized on offering its services to Arab…

  • Interview: Ahmed Hafez, CEO, Ideal Standard MENA

    Interview: Ahmed Hafez, CEO, Ideal Standard MENA

    Ideal Standard designs, manufactures and supplies bathroom innovations for residential, commercial and institutional buildings. They operate through 47 factories around the globe, 6 of which are in Egypt’s 10th of Ramadan City. Ideal standard has had a MENA region presence since the 1960s and is celebrating its 35th anniversary in the Egyptian market. How do…

  • Interview: Basil El Baz, CEO, Carbon Holdings

    Interview: Basil El Baz, CEO, Carbon Holdings

    Carbon Holdings is a privately owned petrochemical company. They develop midstream and downstream petrochemical projects to supply the manufacturing, mining and construction sectors. They currently operate the Egypt Hydrocarbon Corporation (EHC), Oriental Petrochemicals Corporation (OPC) and are in the early stage of financing a third project Tahrir Petrochemicals Corporation (TPC).  What role do you see…