This post was written by Seamus Coffey
Here are some details of an upcoming SSISI seminar.
Justin Doran, Declan Jordan and Eoin O’Leary of the UCC School of Economics are to present a paper to the Statistical and Social Inquiry Society of Ireland at the Royal Irish Academy on Dawson Street on Thursday November 1st at 6pm. The paper is called Effects of R&D spending on Innovation by Irish and Foreign-owned Businesses. Details and a draft of the paper are here.
The paper finds that Irish owned businesses are significantly more likely than foreign-owned to introduce new products as a result of creative R&D work undertaken. Foreign-owned businesses, which spend nearly six times more per worker on R&D than Irish-owned, enjoy very high returns mostly from the purchase or licence of patents. According to the authors this points to a dichotomous Irish innovation system.