Nearly 2,500 people employed by research spin-outs in Ireland, finds report
The Annual Knowledge Transfer Survey 2025 shows rising innovation activity and increased industry collaboration within the Irish ecosystem. Read more: Nearly 2,500 people employed by research spin-outs in Ireland, finds report
The Annual Knowledge Transfer Survey 2025 reveals a significant employment impact from research spin-offs in Ireland. Enterprise Ireland's report highlights a year marked by strong performance in the country's research and innovation sectors, showcasing the growing influence of publicly funded research on job creation and economic growth.
According to the data, a total of 2,393 new research and development (R&D) and consultancy agreements were established, alongside 1,450 active industry-linked research projects, demonstrating a high level of collaboration between researchers and enterprises. Notably, 2,467 jobs were created through research spin-offs, and 20 new spin-off companies were formed, all contributing to Ireland's research base, which saw an 8.3% increase in expenditure from the previous year, amounting to €953 million.
The report also notes 25 new product and service launches, 118 new patent applications, and 528 new invention disclosures. The Minister for Enterprise, Tourism and Employment, Peter Burke TD, emphasized the importance of connecting Ireland's world-class research with the innovation drive of local businesses, underscoring the tangible economic benefits and competitive edge that publicly funded research brings to the nation's workforce and industries.
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