Industry & Business

Over 900 jobs recorded in Irish Spin-out companies last year

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Over 900 jobs recorded in Irish Spin-out companies last year

June 23
11:13 2016

downloadKnowledge Transfer Ireland (KTI) launched its Annual Review ahead of the KTI Impact Awards taking place on 23rd June.

The State-funded central technology transfer office has said 930 jobs were recorded in Irish spin-out companies last year.

The report shows 1,235 collaborative research programmes between industry and research- performing organisations were under way at the end of 2015.

Last year saw 31 new spin- out companies being formed, bringing the number of such firms that are active and have been incorporated for at least three years, to 111.

Knowledge Transfer Ireland director Dr Alison Campbell said Ireland had a higher number of registered technology transfer professionals than any other country.

“In 2015 we saw a significant rise in the level of research commercialisation coming from Irish research-performing organisations known as RPOs. This is evident across a number of key areas that include collaborative research for R&D, the licensing of novel intellectual property and the creation of new ventures, all of which are designed to drive business innovation and competitiveness,” said Dr Campbell.

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