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Do our Graduates have the Skills for Innovation-led Economic Growth Prof Mary McNamara Dublin Institute of Technology, Ireland Steering Committee, Council.

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Presentation on theme: "Do our Graduates have the Skills for Innovation-led Economic Growth Prof Mary McNamara Dublin Institute of Technology, Ireland Steering Committee, Council."— Presentation transcript:

1 Do our Graduates have the Skills for Innovation-led Economic Growth Prof Mary McNamara Dublin Institute of Technology, Ireland Steering Committee, Council for Doctoral Education, EUA

2 “human capital, especially in science and technology, is of growing importance for innovation and technology-led economic growth. OECD, Mobilising Human Resources for Innovation, 2000

3 Patents Applied for & Granted Forfas, Role of PhDs in Smart Economy 2009

4 Skilled Scientists Knowledge Generation Innovation Economic Growth

5 Benefits to Firms from Employing Researchers  Discipline knowledge  Ability to acquire and use new knowledge  Research methodology skills  Personal networks  Knowledge of recent advances  Capacity to solve complex problems  Ability to develop new ideas

6 Important Skills when Employing Researchers Ireland Forfas, Role of PhDs in Smart Economy 2009

7 Important Skills when Employing Researchers EU-27+ EuroBarometer Employers Perception of Graduate Employability 2010

8 Importance of Foreign Language Skills by Country EuroBarometer Employers Perception of Graduate Employability 2010

9 European Universities Association ‘Salzburg Declaration’ 2005 ‘Core component of Doctoral education is the advancement of knowledge through original research. At the same time it is recognised that doctoral training must increasingly meet the needs of an employment market that is wider than academia’. Universities Need to assume responsibility for ensuring that programmes and research training are designed to meet new challenges. Must use innovative structures to meet the challenge of interdisciplinary training and the development of transferable skills.

10 Employability Skills of Researchers Carnegie Mellon Communication Human relations Problem solving Research Skills IUA Project management Time management Ethics and social understanding DIT Commercialisation Entrepreneurship Work Placement

11 DIT Graduate Attributes  Each graduate is:  Engaged  Enterprising  Enquiring  Effective  Expert in chosen subject discipline

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13 DIT R & D Model - Full Innovation Chain Student Research Development Commercialisation

14 Forecast Ireland 2013  Skills shortages:  ICT  Biopharma and medical devices  Agri-food  Financial services  Healthcare  Cross-disciplinary skills needed:  ICT combined with business intelligence and financial applications expertise  Engineering combined with science skills  No evidence of shortages  Education sector Expert Group on Future Skills Needs, 2013

15 Forecast to 2020 EU-27+  ~235m employed  ~83m opportunities = ~8m new + ~75m replacement demand  ~18.1 % of total employment Technicians and Professionals  Physical and Engineering Sciences  Life Sciences and Health  Teaching, Finance and Business  Public Administration Cedefop, Forecast 2012

16 Opportunities by Occupation – EU-27+

17 Opportunities by Qualification – EU-27+

18 Forecast to 2020 EU-27+  Increase of ~20m demand for high-level qualifications  Increase of ~4.5m demand for medium-level qualifications  Decrease of ~14m demand for low-level qualifications  EU will meet its targets  75% employment  40% aged with 3 o education

19 Supply and Demand – EU-27+

20 Supply and Demand and Imbalances  Jobs Supply and Demand are following similar trends  Supply ≈ Demand for People with low-medium level qualifications  Supply > Demand for people with high-level qualifications  Aging labour force requires retraining and requalification

21 Ambition should not be to simply meet…skills demand If Ireland is to develop competitive advantage… it requires a skills profile…skewed towards higher levels of skills attainment. Ireland’s Expert Group on Future Skills Needs

22 High Tech Industry Main Driver of EU Growth Eurostat, 2013

23 Productivity vs Employment Eurostat, 2013

24 Student in 3 o Education by Field

25 Graduates vs Current Enrolments FieldGraduates (% of total)Enrolments (% of total) Social Science, Business & Law Health and Welfare Rest including STEM

26 Gross Domestic Expenditure on R&D

27 Need To  Continue to structure doctoral education to include more employability skills  Introduce employability skills training to Bachelors and Masters programmes – the pipeline for doctoral programmes  Retrain and Requalify an aging labour force  Be cognisant of skills needs in individual countries and in different sectors

28 Challenges  Improving Education while Consolidating Public Finances  Increasing the Numbers of students taking STEM disciplines.  Increasing the numbers of highly skilled graduates employed in high tech industries  Increasing GDP expenditure on R&D  Innovation is highly sensitive to financial constraints  Business R&D and new patents shrink when GDP declines

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