Oireachtas Joint and Select Committees

Wednesday, 29 March 2017

Public Accounts Committee

HEA - Financial Statement 2015

10:00 am

Dr. Graham Love:

By international standards for developed countries, we are probably about average in terms of what we invest. I would countenance, from a number of years in Science Foundation Ireland and in the Health Research Board, that we are quite good at getting a return on that in terms of our standing. We are in the top ten countries in the world for scientific citation, relative to our size, and maybe even in the top six at this stage. We are doing well in this space. We have excellent collaborations in terms of some of our universities and big companies like Intel, HP etc., which are helping those countries to stay competitive in this country, retain the jobs we have and be ready for the next wave of investment. It is working quite well, but like everything else, we would like to see more investment into the space. That would allow us compete more effectively with very advanced countries like Denmark and Sweden, which are of a similar size, Israel, the United Kingdom, the United States and so on.

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