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On your marks, get set, innovate!

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On your marks, get set, innovate!

 


Innovation is the lifeblood of success in a fast-changing world. Whether you want to develop a new product to fill a gap in the market or make your processes more efficient or environmentally friendly, you need to innovate. Many companies know what they need to do but fail because they try to do it alone, which is a shame because there is help at hand.

The perceived wisdom used to be that research and innovation was for only big companies. Small businesses couldn’t afford it and relied on things such as good customer service to stay afloat. That is no longer the case. All businesses need to innovate to survive and the best way to do that successfully is to engage with Ireland’s public research network to find a suitable partner and identify potential funding options.

“So much has changed in the world over the past two years,” Siobhan Horan, head of industry and partner engagement at Knowledge Transfer Ireland (KTI), said. “The way we live and work has changed completely, which has created the requirement for a whole new set of products and services.

“Knowledge transfer between academic research and business plays a crucial role in getting these products and services to market quickly and efficiently. Everyone should be doing it. It can help organisations of all sizes across a wide range of requirements by giving them access to state-of-the-art research facilities and top level expertise as required. The combination of expertise and funding can help to transform smaller companies with limited resources by enabling them to scale up quickly.”

 

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