8 December 2015
By Bryan Smtyh
Cork Institute of Technology has welcomed today the publication of Ireland’s strategy for research and development, science and technology: “Innovation 2020”.
The proposed additional investment in R & D by private and public sectors to 2.5% of GNP by 2020 is important for the development of research and innovation in CIT, which itself is very much focused on excellent research that has measureable societal and economic impacts and which understands the central role played by nurturing talent.
Dr Niall Smith, Head of Research at CIT, welcomed the launch of Innovation 2020 saying
“CIT has a proud tradition of engagement with communities and enterprises beyond our campus and to the career focused education of our students.
Innovation 2020 will enable us to built on the substantial growth we have seen in all aspects of our research activities over the past ten years, including a 300% increase in our R & I expenditure. It will also support the objectives set down in our application to establish the Munster Technological University.”
Some statistics for CIT Research are:-
. €20million expenditure in 2014 (up from €6million in 2007)
. 300 researchers, of whom 210 are research postgraduates
. Structured PhDs across CIT from September 2015
. 78% of projects involve industry partners
20% of publications are in the top 10% most cited journals globally
. 52% of publications involve international collaborators and we have co-produced with 14 of the top 20 universities in The Times QS Rankings, 2015
. 27% of publications involve industry partners
. Over €2.5million drawn down from Horizon 2020 in the last 18 months, almost the same at the total drawn down from FP7 over 5 years and well on track to support the government target of doubling the national income under Horizon 2020