The Annual Growth Survey 2016 highlighted that investing in R&I at national level is critical for growth and that therefore Member States should continue to prioritise public investments in R&I, ensuring their efficiency and leverage with regard to business investment. Member States need to keep up the pace of reforms to ensure an investment-friendly environment. See more information about the European Semester.
The European Semester supports Member States' structural reforms in different policy areas to promote jobs, growth and investment. Research and innovation play a key role in this context. That is why the Commission gives recommendations to and closely work with the Member States to increase the performance of their national R&I systems.
Have a look and see how the country is performing.
Ireland is a strong innovator moving up the international rankings. Ireland has the vision to become a global innovation leader, which largely depends on the economy maintaining its recent recovery.Low public expenditure on R&D continues to cause concern as Ireland ranks 25th in the EU.
More business-academia cooperation could help Irish–owned firms become more competitive and leverage additional private R&D investments. To address this challenge, Ireland has introduced more industry leadership onto the agendas of HEI and PROs. The Knowledge Transfer Ireland office acts as an interface between public research and industry. 748 new collaborative research agreements were signed in 2015 between research performing organisations and industry. In January 2016, an updated national intellectual property protocol to assist firms access knowledge in the public research sector was introduced. ERDF is currently co-investing 35 % in RTDI, its largest share of allocation from its total 2014-2020 co-investment to Ireland.