Research spin-outs boost employment amid patent surge
Ireland’s research spin-out companies now employ nearly 2,500 people as patent filings surged by 49% in 2025. The latest Enterprise Ireland survey reveals strong collaboration between academia and industry, driving innovation and economic growth nationwide.
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Enterprise Ireland Business News
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⏱️ 1 min read
Enterprise Ireland’s Annual Knowledge Transfer Survey (AKTS) 2025 has revealed impressive growth in Ireland’s research and innovation ecosystem, with a notable increase in industry engagement and economic impact. The report highlights that publicly funded research has spun out 127 new companies since 2021, supporting almost 2,500 jobs and resulting in 20 new licences leading to market-ready products and services.
Minister for Enterprise, Tourism and Employment, Peter Burke TD, emphasised the importance of linking Ireland’s world-class research with enterprise ambition, noting the record 2,393 new agreements with industry during 2025. He pointed to the significant rise in patent applications and spin-out activity as clear evidence that publicly funded research is bolstering jobs, competitiveness, and regional development across Ireland.
Joe Healy, Divisional Manager for Research & Innovation at Enterprise Ireland, praised the ongoing collaboration with higher education institutions and technology transfer offices, which play a crucial role in converting research discoveries into commercial successes. He confirmed Enterprise Ireland’s commitment to supporting these partnerships to maintain Ireland’s position at the forefront of innovation and enterprise development.
Minister for Enterprise, Tourism and Employment, Peter Burke TD, emphasised the importance of linking Ireland’s world-class research with enterprise ambition, noting the record 2,393 new agreements with industry during 2025. He pointed to the significant rise in patent applications and spin-out activity as clear evidence that publicly funded research is bolstering jobs, competitiveness, and regional development across Ireland.
Joe Healy, Divisional Manager for Research & Innovation at Enterprise Ireland, praised the ongoing collaboration with higher education institutions and technology transfer offices, which play a crucial role in converting research discoveries into commercial successes. He confirmed Enterprise Ireland’s commitment to supporting these partnerships to maintain Ireland’s position at the forefront of innovation and enterprise development.
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