IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

From Bricks to Brains: Increasing the Contribution of Knowledge-based Capital to Growth in Ireland

  • David Haugh
Registered author(s):

    With sound framework conditions, fine universities, good infrastructure and policies friendly towards foreign direct investment, Ireland scores high in international innovation scoreboards. Overall, policies to boost innovation and entrepreneurship are on the right track, but investment in knowledge-based capital could be made a more dynamic source of growth and jobs. While Ireland has made good progress towards building up its scientific capabilities, innovation capacity remains weaker than in other small advanced OECD countries, such as Austria, Denmark, Sweden and Switzerland. To become more effective, the innovation strategy should be simplified, with a drastic reduction in the number of government agencies involved in funding innovation, so as to better focus on strengthening the linkages between the business and academic communities. While attracting high-tech multinationals should remain central, there is potential to better develop spillovers between these firms and domestic SMEs, notably by establishing applied research centres. Entrepreneurship should be fostered by improving the business environment, including access to non-bank finance, streamlining the insolvency regime and transfer of intellectual property rights, and upgrading the broadband network. This working paper relates to the 2013 Economic Survey of Ireland (www.oecd.org/eco/surveys/ireland) De l'économie traditionnelle à l'économie du savoir : Accroître la contribution du capital intellectuel à la croissance en Irlande Avec des conditions-cadres propices, des universités de qualité, une bonne infrastructure et des politiques favorables à l’investissement direct étranger, l’Irlande figure en bonne place sur les tableaux de bord internationaux de l’innovation. Dans l’ensemble, les politiques de stimulation de l’innovation et de l’entrepreneuriat vont dans la bonne direction, mais il serait possible de faire de l’investissement en capital intellectuel une source plus dynamique de croissance et d’emplois. Si l’Irlande a bien progressé du point de vue du renforcement de ses capacités scientifiques, sa capacité d’innovation reste plus faible que celle d’autres petites économies avancées de l’OCDE, comme l’Autriche, le Danemark, la Suède et la Suisse. Pour devenir plus efficace, la stratégie d’innovation doit être simplifiée, avec une réduction draconienne du nombre d’organismes publics qui participent au financement de l’innovation, de façon à mieux se focaliser sur le resserrement des liens entre les entreprises et les milieux universitaires. Même s’il doit rester essentiel d’attirer des multinationales de haute technologie, il est possible de favoriser davantage les retombées entre ces entreprises et les PME nationales, notamment en créant des centres de recherche appliquée. Il faudrait stimuler l’entrepreneuriat en améliorant les conditions d’activité des entreprises, notamment l’accès aux financements non bancaires, la simplification du régime de faillite et le transfert de droits de propriété intellectuelle, et en mettant à niveau le réseau haut débit. Ce Document de travail se rapporte à l’Étude économique de l’OCDE de l’Irlande, 2013 (www.oecd.org/eco/etudes/irlande)

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://dx.doi.org/10.1787/5k3wd358lj8r-en
    Our checks indicate that this address may not be valid because: 403 Forbidden (http://dx.doi.org/10.1787/5k3wd358lj8r-en [303 See Other]--> http://www.oecd-ilibrary.org/economics/from-bricks-to-brains_5k3wd358lj8r-en). If this is indeed the case, please notify ()


    Download Restriction: no

    Paper provided by OECD Publishing in its series OECD Economics Department Working Papers with number 1094.

    as
    in new window

    Length:
    Date of creation: 12 Nov 2013
    Date of revision:
    Handle: RePEc:oec:ecoaaa:1094-en
    Contact details of provider: Postal: 2 rue Andre Pascal, 75775 Paris Cedex 16
    Phone: 33-(0)-1-45 24 82 00
    Fax: 33-(0)-1-45 24 85 00
    Web page: http://www.oecd.org
    Email:


    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:oec:ecoaaa:1094-en. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.