Ireland - Taoiseach announces McCarthy to head economic taskforce

Mon, Jun 29, 2009

The Taoiseach, Mr. Brian Cowen T.D., today announced the appointment of an Innovation Taskforce to advise the Government on its Strategy for positioning Ireland as an International Innovation Hub and to assist in making the Smart Economy a reality.

Announcing the membership of the Taskforce the Taoiseach said: "While weathering the worst global recession of our lifetime, it is imperative that we position Ireland so that we can take advantage of the global upturn when it comes. In December, I launched 'Building Ireland's Smart Economy', the Government's Framework for Sustainable Economic Renewal. We need to think smart, work smart, and be smart in order to build our future."

"The Ireland of the future will be a smart, high-value, export-led economy.
It will have some of the world's leading research-intensive multinationals, a number of which will be Irish-owned. It will have thousands of innovative small and medium enterprises. These companies will be creating the products and services of tomorrow and providing high quality employment for our people. The country will have smart, efficient and citizen-oriented public services. It will be energy independent and have high-quality living environments with smart transport solutions. That is the future that I want us to achieve."

"The lesson from severe global recessions in the past is that as well as weathering the economic storm, countries need to restructure their economies to target the next wave of economic growth. 'Building Ireland's Smart Economy' identified a range of measures to transform Ireland into the Innovation Island. Today, I am pleased to announce the appointment of the Innovation Taskforce which will assist Government in making this vision a reality.

In welcoming the establishment of the Taskforce, the Tánaiste, Mary Coughlan T.D. said: "we have had considerable success in attracting FDI to Ireland and over 40% of that investment is now in high-value R & D. We must now build on the progress made in the Strategy for Science, Technology and Innovation so as to ensure that we move up the value chain to become a smart economy with a high-value, research-intensive, multinational community and a thriving set of innovative Irish companies. I look forward to hearing the views of the Taskforce on how we can achieve this ambitious strategy."

Also welcoming the Taskforce, the Minister for Science, Technology and Innovation, Conor Lenihan T.D. said: "I am confident that the considerable knowledge and expertise of the Taskforce members appointed by the Taoiseach will contribute to ensuring that we have the necessary research, innovation and commercialisation structure to become one of the world's leading locations for business innovation."

The Taskforce will advise the Government on options to increase innovation and entrepreneurship and to ensure that investment in science, technology and research translates into high-value jobs and sustainable economic growth. It will also support the development of the Innovation Alliance between Trinity College Dublin and University College Dublin. The Taskforce will be complemented by the work of the Green Enterprise Taskforce recently announced by the Tanaiste and the Minister for Communications, Energy and Natural Resources, Eamon Ryan T.D.

The list of those invited by the Taoiseach to serve on the Task Force and its terms of reference is below:

  1. Dermot McCarthy Secretary General, Department of the Taoiseach (Chair)
  2. Lionel Alexander Vice-President & General Manager of Hewlett Packard (Manufacturing) Ltd and Chair of Enterprise Feedback Group
  3. Professor Don Barry President, University of Limerick
  4. Dr. Hugh Brady President, University College Dublin
  5. Damien Callaghan Investment Director, Intel Capital
  6. Michael Carmody President, Institute of Technology Tralee
  7. Dr Steven Collins Co-Founder & CTO Kore Virtual Machines
  8. Ned Costello CEO, Irish Universities Association
  9. Joe Harford Chair of High Level Action Group on Green Enterprise
  10. Dr. John Hegarty Provost, Trinity College Dublin
  11. Dr. Chris Horn Co-founder & former CEO Iona Technologies
  12. Dr. Brian Kelly Founder & CEO, Celtic Catalysts
  13. Dr. Burton Lee Director, European Entrepreneurship and Innovation Programme, Stanford University, School of Engineering, Managing Partner Innovarium Ventures
  14. John Lynch CEO, Merrion Pharmaceuticals
  15. Tara MacMahon IP Lawyer
  16. Dan MacSweeney CEO, Carbery
  17. Bryan Mohally Vice-President Supply Chain Operations Europe, Johnson and Johnson
  18. Mark O'Donovan Director, Raglan Capital
  19. Barry O'Sullivan Senior Vice President, Cisco Systems
  20. Dr Paul Roben President, Celtic Consulting
  21. Anna Scally Partner, KPMG

The Taskforce will also include the Heads of Enterprise Ireland, IDA Ireland, Science Foundation Ireland, the Higher Education Authority and representatives from the Departments of Education and Science, Enterprise, Trade and Employment, and Finance.

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