This dashboard gives a summary of Northern Ireland’s innovation performance across six key innovation indicators as well as progress against the four goals of the Northern Ireland Innovation Strategy. Northern Ireland is currently 12th of the 12 UK regions in terms of innovation. However, the Northern Ireland Executive has set the ambitious target of being in the top four by 2025.
Innovation Strategy Goals
The Northern Ireland Executive’s Innovation Strategy was published in September 2014. The information below highlights the progress made against each of the four main goals set out in that strategy.
Our goal is to be in the top 4 by 2025. Currently we are 12 out of 12.
We want to be an innovation leader by the year 2025. We are currently a strong innovator.
Our target is to have a total Research and Development spend of £1.2bn in 2025. Currently we are spending £759.2m.
We want to have 58,000 Knowledge Economy jobs by 2025. Latest figures show that Northern Ireland has 40,250 in the knowledge economy.
We have measured innovation across the six themes shown below.
Innovation is crucial if businesses are to remain profitable and competitive. Innovation helps companies to provide high value and services ... more
Research and Development underpins the development of new knowledge and enhanced products and services. It is a key indicator of innovation ... more
Research and Development drives productivity growth and economic performance, helping business to optimise profitability and competitiveness ... more
The high quality knowledge and skills created in our universities and Higher Education institutions must be transferred into the economy to help improve economic outputs ... more
Entrepreneurship is an important driver of economic growth and innovation. It's crucial that entrepreneurs and start ups are encouraged and supported ... more
Growing the knowledge economy will help rebalance the economy towards higher productivity and generate wealth ... more
Medium Term Targets
The Northern Ireland Executive Innovation Strategy outlines a number of medium term targets that can be used to track the impact the strategy is having. The information below shows how we are perfom
The NI Executive target is €145m by 2020 ... more
The NI Executive target is 1.8 per cent of GVA by 2020 ... more
The NI Executive target is 650 companies by 2020 ... more
The NI Executive target is 14 per cent of all businesses will be Start Ups by 2020 ... more
The NI Executive target is 60 per cent of innovative firms collaborating by 2020 ... more
The NI Executive target is £22bn by 2020 ... more