Universities hope merger will create 30,000 jobs

“The new research alliance between UCD and Trinity has the potential to create 300 new businesses and up to 30,000 jobs over the next decade, the two colleges said yesterday. The unprecedented collaboration will be supported by an Innovation Taskforce, chaired by Taoiseach Brian Cowen. At yesterday’s launch, TCD vice-provost Prof Paddy Prendergast said it was hoped a world-leading company on the scale of telecommunications giant Nokia could emerge from the alliance. The alliance also envisages the establishment of an ‘IFSC for science and technology’ which will be world leading. Both universities hope to establish an ‘enterprise corridor’ along the four miles between them. This will be home to 300 new enterprises with advanced technology centres to support indigenous industry. The new plan which brings together education, research and enterprise for job creation is modelled on a similar approach, successful in the US, at both Silicon Valley and Massachusetts Institute of Technology, and in Finland and Sweden in the 1990s …” (more)

[Seán Flynn, Irish Times, 12 March]

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