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Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
Prof Cunningham
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Prof Cunningham

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    • 1. 1 Patrick Cunningham Chief Scientific Adviser to the Government Ballyhoura Development Ltd, Nov12, 2010 Building the Knowledge Economy
    • 2. “to become the most competitive and dynamic knowledge-based economy in the world, capable of sustainable economic growth with more and better jobs and greater social cohesion.” 3% of GDP on R&D 1/3 public; 2/3 business Lisbon Agenda (2000) 2
    • 3. 3 “Ireland by 2013 will be internationally renowned for the excellence of its research, and will be to the forefront in generating and using new knowledge for economic and social progress, within an innovation driven culture.” SSTI vision (2006)
    • 4. 4 1776 2007 2006 4
    • 5. Rich: $439k The Wealth of Nations: capital per person Poor: $7k 5 Source: Where is the Wealth of Nations? World Bank , 2006.
    • 6. Human & Social; 83% Produced; 14% Natural; 3% Ireland’s Wealth Source: Where is the Wealth of Nations? World Bank , 2006. 6
    • 7. 0 5 10 15 20 25 30 35 40 45 55-64 45-54 35-44 25-34 Age Group % 0 5 10 15 20 25 30 35 40 45 55-64 45-54 35-44 25-34 Age Group % OECD Ireland % of 25-34 Age Group with Tertiary Education Source: Education at a Glance, OECD, 2008. 1976 1986 1996 2006 7
    • 8. The Tiger Years 1990 1995 2000 2007 €60Bn €40Bn €20Bn Traditional Manufacturing Internationally-traded Services Modern Manufacturing Source: Forfás, 2008 Sales Roots: EU / Euro Tax Education 8
    • 9. -12% -10% -8% -6% -4% -2% 0% 2% Global Economy US EU Ireland Sources: International Monetary Fund; Central Bank of Ireland Depth of Global Recession Decline in GDP(GNP) for 2009 9
    • 10. Benefits to Society: Employment, Health, Quality of Life Business Research Publications, Citations Patents Capital Investment, Start-ups Money IdeasPeople Public Research & Development Patents Money IdeasPeople New/Improved Processes, Products, Services. New/Improved Processes, Products, Services. M oneyPeople Collaboration 10
    • 11. GDP per capita Source: International Monetary Fund, 2009
    • 12. GDP per capita and Human Development Index Sources: International Monetary Fund, 2009, Human Development Report, UN Development Programme Correlation = 0.90
    • 13. GDP per capita and Satisfaction with Life Index Sources: International Monetary Fund, 2009; White, A. (2007). A Global Projection of Subjective Well-being: A Challenge To Positive Psychology? Psychtalk 56, 17-20 Correlation = 0.85
    • 14. GDP per capita and Happy Planet Index Sources: International Monetary Fund, 2009, Happy Planet Index 2.0 from the New Economic Foundation (nef) Correlation = 0.35
    • 15. GDP per capita and GINI Coefficient Sources: International Monetary Fund, 2009, Human Development Report, UN Development Programme Correlation = 0.22
    • 16. 0 500 1,000 1,500 2,000 2,500 3,000 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 current €m Investment in R&D (GERD) 1.66% GNP Private 1.41% GNP Source: derived from Forfás data Public 16
    • 17. 200 400 600 800 1,000 1,200 1,400 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 €m constant prices (2007) Public Investment in R&D* -15%** * GBAORD - Government budget appropriations or outlays on R&D. ** Indicative only: SSTI relative to 2008, 2009 (nominal), respectively. Source: Forfás, DETE, 2009 NDP 2000-2006 Total = €4B NDP 2007-2013 Total = €8.2B -4%** 17 ?
    • 18. Capital 12% Education 13% SSTI 1% Social Welfare 33% Health24% Justice 4% Agriculture 2% Enterprise 2% Other 9% Sources: Revised Estimates for Public Services, DF, April 2009; SSTI Finances, DETE, May 2009 Exchequer Expenditure 2009 (~€60 bn) Investment for the future Spending for today Seedcorn 18
    • 19. Gross Domestic Expenditure on R&D as % GDP Source: Annual Competitiveness Report Vol. 1, NCC, August 2009 Ireland ranks 18th out of OECD 28 19
    • 20. European Innovation Scoreboard - Inputs Human Resources  S&E, SSH Primary Graduates  S&E, SSH PhD Graduates  Pop. with Tertiary Education  Life-long Learning  Youth Education Attainment Finance & Support  Public R&D Expenditure  Venture Capital  Private Credit  Firms with Broadband Linkages & Entrepreneurship  SMEs Innovating In-house  Innovative SMEs Collaborating  Firm Renewal  Public-Private Co-publications Throughputs  EPO Patents  Community Trademarks  Community Designs  Technology Balance of Payments Firm Investments  Business R&D Expenditure  IT Expenditure  Non-R&D Innovation Expenditure 20
    • 21. European Innovation Scoreboard - Outputs Innovators  SME Product / Process Innovation  SME Marketing / Organ. Innovation  Resource Efficiency Innovators Economic Effects  High-tech Manuf. Employment  Knowledge-Intensive Serv. Employment  High-tech Manuf. Exports  Knowledge-Intensive Serv. Exports  New-to-market Sales  New-to-firm Sales 21
    • 22. Summary Innovation Index 2008 (29 Indicators) Source: European Innovation Scoreboard 2008, UNU-MERIT, Maastricht , Jan 2009 Followers Leaders EU-15 22
    • 23. 0.4 0.45 0.5 0.55 0.6 0.65 0.7 2004 2005 2006 2007 2008 0.4 0.45 0.5 0.55 0.6 0.65 0.7 2004 2005 2006 2007 2008 EIS (“2008 methodology”) Time Series EU-27 Ireland Denmark Finland Switzerland Sweden 23 Source: European Innovation Scoreboard 2008, UNU-MERIT, Maastricht , Jan 2009
    • 24. Summary  Metrics now show Ireland close to EU-15 average i.e. among the “followers”.  Target peer group includes FI, SE, DK, CH & AT. 24
    • 25. Challenges  Monitoring Delivery against Correct Indicators  Effective Linkages to Dual Business Sectors  Close attention to needs of foreign-owned firms  Special efforts to lift indigenous firms  Keeping on Track to Target  To match leading countries  Achievable in ~10 years 25
    • 26. Dublin: European City of Science 2012

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