Ahead of the Curve - Irelands Place in the Global Economy

Contact person 
Terry O'Brien
Institution 
South-East Regional Authority (SERA)
E-mail 
terry.obrien@southtippcoco.ie
Country 
Ireland
Do you want to share an instrument/policy or a knowledge Transfer practice? 
Innovation instrument(policy)
What are the following keywords/priorities which better fit the instrument/policy?  
Research Infrastructures
Indicate the country from which the instrument (or policy) is 
Ireland
What is the title/name of the instrument/policy? 
Ahead of the Curve - Irelands Place in the Global Economy
Indicate the target group/beneficiaries of the instrument/policy 
Higher education institutions (education function)
Higher educations institutions research units/centres
New technology based firms/new knowledge intensive service firms
Other
What is the aim/objective? 
The Enterprise Strategy Group's report, "Ahead of the Curve," stressed the need for Ireland to develop a world-class research and innovation capability to support the development of high-quality, high value products and services. The "Ahead of the Curve" document makes extensive use of statistics and indicators in outlining its proposals for a medium to long-term enterprise strategy for Ireland. These include the following: ■GNP/GDP statistics; ■Demographic statistics ■Labour market data; ■Taxation rates; ■Enterprise data: sales, exports, employment, expenditures; ■Foreign Direct Investment in Europe and Ireland; ■Consumer prices and inflation; ■Gross expenditure on research and development (GERD); ■Business expenditure on research and development (BERD); ■Performance of Irish science base. The document also examined statistics relating to the performance and output of the Irish education system.
Give an overview of the instrument 
The Enterprise Strategy Group was appointed by the Tánaiste to prepare an enterprise strategy for growth and employment in Ireland up to the year 2015. The Group's report 'Ahead of the Curve, Ireland's Place in the Global Economy' presents an analysis of Ireland's recent and current enterprise performance, reviews international enterprise trends and perspectives and identifies important steps to underpin Ireland's successful transition to a new phase of enterprise development The policy was one of the two major policy documents relating to enterprise and research strategy published in 2004 (the other was the National 3% Action Plan, "Building Ireland's Knowledge Economy." The main issues addressed in the "Ahead of the Curve" document were the need to revise and reformulate enterprise development policies in Ireland in the context of a rapidly changing international environment. The Enterprise Strategy Group which prepared the report was tasked with developing a medium term enterprise strategy and proposing appropriate policy responses. The Enterprise Strategy Group was also requested to develop a vision for the enterprise sector in Ireland that recognised the desirability of an appropriate balance between business sectors in the economy, foreign and domestic enterprise ownership, regions as set out in the NSS and the types of economic activity such as research, manufacturing and services.
What is the date of creation of this instrument? 
Thursday, January 1, 2004
Is the instrument/policy still active? 
Not Active
Identify the main outputs/results (quantitative and qualitative) of the implementation of this instrument 
Official Government policy document: discussion / strategy document. The Enterprise Strategy Group was established by the Tanaiste (Deputy Prime Minister) and then Minister for Enterprise, Trade and Employment to prepare a report that would serve as a blueprint for an enterprise strategy for growth and employment in Ireland. The Enterprise Strategy Group's terms of reference specified that it should develop a medium term enterprise strategy and proposed and prioritise national policy responses that would: ■Strengthen the competitiveness of Ireland's enterprise environment; ■Promote the emergence of an innovation and knowledge driven economy; ■Sustain those industries already providing employment; ■Underpin the industries of the future where Ireland is or can become a substantial player with particular reference to segments of the ICT, life sciences, food, financial services and internationally traded services sectors; ■Encourage business start-ups and companies with potential for growth; ■Examine the scope for increasing the value of sectors to the Irish economy as a whole. The Group was asked to take account of the following factors in its report: ■Long term international trends in globalisation, EU enlargement, technology and regulation, as well as in the structure of industries and markets; ■Ireland's increased prosperity and changing cost and competitiveness base, future trends in demography, the regulatory environment, and national physical, R&D and technology infrastructures. Furthermore, the Enterprise Strategy Group were asked to develop a vision that would recognise the desirability of an appropriate balance between: ■Business sectors in the economy; ■Regions as set out in the National Spatial Strategy; ■Types of economic activity, such as research, manufacturing and commercial services.
What is the co-financing/maximum rate allowed by the instrument/policy (if appl.)? 
N/A
Is this instrument/policy linked to a KT practice? 
Yes
The country which implemented this practice 
Ireland