http://www.cit.ie

Research in CITGuidance Counsellors Information Day

Dr. Niall Smith

6th November 2014

Basic Facts

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4 multidisciplinary thematic areas• ICT• Photonics• Lifesciences and Wellbeing• Maritime, Energy and Sustainable Environment

Research Excellence with Impact

€20m expenditure in 2012

300 researchers, of which 210 are research postgraduatesCritical Scale

Each thematic area also• Occupies the pipeline from fundamental

research to commercialisationCulture of generating IP

Growth across all metrics

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Publications Postgrads Income from industry IP Generated

Academic Industry

Industry and Entrepreneurship

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In terms of entrepreneurship• Culture of entrepreneurial education• Hinck’s Centre for Entrepreneurship Excellence

Enhanced entrepreneurship

In terms of enterprise incubation• Rubicon Incubation Centre largest in the country• 60 companies – 230 employees• 70% of incubated companies still trading 5 years

after leaving CIT

World Class Incubation

In terms of research with industry• 8.4% of our research is direct-industry funded • 78% of our research involves an industry partner

Industry Relevant(Innovation Ecosystem)

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• Cost of filing a patent in CIT is less than half that of the EU average and comparable to the cost in the US

• Cost of generating a license is 60% of the US cost and 50% of the EU cost

• Cost of generating a spinout is less than half that in the US and 15% below the EU average

CIT is a great place to generate intellectual property

http://www.cit.ie

Dr. Niall Smith

06/11/2014

Thank you