2019 saw an increase in the volume of research collaboration between industry and State research bodies, with 2,168 research collaboration projects ongoing at the year end, according to Knowledge Transfer Ireland (KTI), the national office that works to make it simple for businesses to access and benefit from publicly-funded research.
KTI’s 2019 Review and the findings of its Annual Knowledge Transfer Survey (AKTS), published today, shows a strong national performance in knowledge transfer. With support for research commercialisation in RPOs (Research Performing Organisations) through the Enterprise Ireland TTSI programme, managed by KTI, the system is producing consistent outputs year on year.
RPOs include Universities, Technological University, Institutes of Technology, Colleges, and other State-funded entities undertaking research). However, there has been an uplift in the number of ongoing collaborative research projects between industry and Research Performing Organisations with 2,163 live at year end. There were 26 spin out companies from RPOs in 2019 and a cumulative 123 spin-outs that are three or more years post-formation and active. Revenue from licensing of RPO intellectual property in 2019 was €2.7 million, up from €1.7 million, 2018.
Commenting, Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar said:
“Never has the ability to adapt and innovate been more important for Irish businesses. Covid-19 has radically transformed the trading environment of most companies. This Report demonstrates the importance of sharing state-funded research to help enterprise in practical, useful ways. Ireland is increasingly seen as a leading innovator, placing 9th in the EU.
Collaboration and knowledge sharing will be even more crucial in the months ahead as businesses continue to manage the challenges of both Covid and Brexit.”
KTI plays a key role in ensuring the knowledge transfer environment and frameworks are appropriate to help get technology, ideas and expertise from State-funded research into the hands of business and entrepreneurs, swiftly and easily for the benefit of the public and the economy.
The objectives for Irish knowledge transfer are described in the national policy for research commercialisation: to maximise the uptake of technology, IP and ideas to drive innovation in companies (existing and new) leading to economic and social benefit. Knowledge transfer can provide a cost-effective means through which companies, regardless of size, can build on key areas of innovation capability. In doing so, it can boost the percentage of total revenue that comes from new products/services and help companies reach that tipping point at which productivity increases.
Annual Knowledge Transfer Survey
As part of its work, KTI collects and analyses data from Ireland’s eight universities, one Technological University, eleven Institutes of Technology and four further colleges and institutions engaged in research, to produce the Annual Knowledge Transfer Survey (AKTS) in conjunction with the Higher Education Authority (HEA). The survey covers activities including licensing, research collaboration, consultancy and spin-out company creation.
Key 2019 findings:
Licensing activity remains on track: In 2019, there were 210 licence, option and assignment agreements (LOAs) signed with companies, in line with five-year averages. Of these, 77% were with Irish companies and 50% of all LOAs were signed with Irish SMEs. Patents and software remain the major types of intellectual property licensed, at 34% and 17% respectively. 2019 saw 26 new product and service launches on the market by companies as a result of a licence from an RPO.
The number of spin-out companies is in line with five-year trends: There were 26 new spin-out companies formed in 2019. The majority of spin-outs (73%) were created in six universities. Two of these arose jointly from UCC and Teagasc. There were 123 “Active Spin-out” companies from RPOs (i.e. spin-out companies that are three years or more post-formation and that employ staff and have investment and/or turnover) at the end of 2019.
Active Spin-outs are estimated to employ (a conservative) 1,000 people. The majority of Active Spin-outs (79%) have been in existence for over 5 years, with 12% older than 15 years. One university spin-out was acquired in 2019.
The number of new R&D agreements entered into with companies is largely steady state: in 2019 1,262 new contracts were signed. Of these, 84% were with Irish companies and 73% were with Irish SMEs. The volume of research collaboration projects ongoing with industry at the end of 2019 shows a marked increase of 18% over the previous year.
Commenting, Dr. Alison Campbell, Director of KTI, said:
“Knowledge transfer is an important component in the innovation ecosystem and this year’s report shows that companies and entrepreneurs see the value in engaging with the research base. Overall, the 2019 findings show that in Ireland the research ecosystem is stable and producing solid results with many of the key indicators showing increases or remaining broadly in line with previous years.
R&D collaboration has always been vibrant, helped in great part by the fantastic range of supports available. This year is no exception with an increase in the number of ongoing collaborative research projects with RPOs and a steady stream of new collaboration agreements signed. Innovation through research is thriving and is an important contribution to the competitiveness of Irish companies and multinationals based in Ireland.
A recent review confirms that KTI and the Enterprise Ireland TTSI programme have important roles in supporting and strengthening research commercialisation. We look forward to this enduring in 2020 and beyond and to seeing the potential for exciting new companies and innovations that arise in the State funded research developed for the benefit of society and the economy.”
The KTI Review and Annual Knowledge Transfer Survey (AKTS) can be accessed here on the Knowledge Transfer Ireland website.
More about Irish Tech News and Business Showcase here.
FYI the ROI for you is => Irish Tech News now gets over 1.5 million monthly views, and up to 900k monthly unique visitors, from over 160 countries. We have over 860,000 relevant followers on Twitter on our various accounts & were recently described as Ireland’s leading online tech news site and Ireland’s answer to TechCrunch, so we can offer you a good audience!
Since introducing desktop notifications a short time ago, which notify readers directly in their browser of new articles being published, over 50,000 people have now signed up to receive them ensuring they are instantly kept up to date on all our latest content.
Desktop notifications offer a unique method of serving content directly to verified readers and bypass the issue of content getting lost in people’s crowded news feeds.
Drop us a line if you want to be featured, guest post, suggest a possible interview or just let us know what you would like to see more of in our future articles. We’re always open to new and interesting suggestions for informative and different articles.
If you would like to be featured in our podcast series drop us a line & don’t forget to sign up for notifications for our latest episodes and follow us on Twitter, Linkedin, SoundCloud, iTunes or your own favourite podcast platform.
Contact us, by email, twitter or whatever social media works for you and hopefully, we can share your story too and reach our global audience. We are agile, responsive, quick and talented, we look forward to working with you!
If you would like to have your company featured in the Irish Tech News Business Showcase, get in contact with us at Simon@IrishTechNews.ie or on Twitter: @SimonCocking
Using data collected by NASA's Parker Solar Probe during its closest approach to the sun, a University…
The Research Ireland ARC (Accelerating Research to Commercialisation) Hub for ICT was officially launched today…
Disney+ in Ireland is set to launch a new ad-supported subscription plan on March 3. The…
Did you watch Mark Carney’s presentation last week at Davos? No, is probably your answer,…
With recent miserable weather keeping more people indoors, Virgin Media Ireland, Ireland’s leading telecommunications and entertainment provider, has analysed Google…
Ireland’s leading technology conference, BelTech, will return on 5 March 2026, bringing together industry leaders,…
Irish Tech News are Ireland’s No. 1 Online Tech Publication and often Ireland’s No.1 Tech Podcast too.
You can find hundreds of fantastic previous episodes and subscribe using whatever platform you like via our Anchor.fm page here: https://anchor.fm/irish-tech-news
If you’d like to be featured in an upcoming Podcast email us at Simon@IrishTechNews.ie now to discuss.
Irish Tech News have a range of services available to help promote your business. Why not drop us a line at Info@IrishTechNews.ie now to find out more about how we can help you reach our audience.
You can also find and follow us on Twitter, LinkedIn, Facebook, Instagram, TikTok and Snapchat.