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  • 15 Dec 2009 Employing PhD Graduates Benefits Irish Enterprise

    A new report launched today by the Advisory Council for Science, Technology and Innovation (ACSTI) has found that Irish R&D firms employing PhD researchers have rates of patenting 2.5 times greater than similarly active firms which do not employ PhD researchers and have vastly higher collaboration rates with both Higher Education Institutes and other firms. While only 29% of R&D active firms employed PhD researchers in 2007, these companies accounted for 70% of business expenditure on R&D.