1 / 21

IVCA Oct 14 th 2004

Eoin O’Driscoll eod@aderra.ie. Aderra. 6 th Annual Conference. IVCA Oct 14 th 2004. Aderra. A Decade of Growth. Department of Finance and AMECO, 2004. 6th Annual Conference. Aderra. Where We Are Now - diverse enterprise base. Foreign Owned Firms (FDI)

ezekiel-wiggins
Download Presentation

IVCA Oct 14 th 2004

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Eoin O’Driscoll eod@aderra.ie Aderra 6th Annual Conference IVCA Oct 14th 2004

  2. Aderra A Decade of Growth Department of Finance and AMECO, 2004 6th Annual Conference

  3. Aderra Where We Are Now - diverse enterprise base • Foreign Owned Firms (FDI) • Manufacturing & Internationally Trading Irish Firms • Locally Trading Firms 6th Annual Conference

  4. Aderra Mfg & Internationally traded Firms Spend in Irish Economy (2002) Payroll 10.8 bn Materials 14.4 bn Services 9.0 bn 34.2 bn Exports 2002 ~ 80 bn 1,273 FDI Firms 7,390 Irish Firms 6th Annual Conference

  5. Aderra A tale of two countries……….. 6th Annual Conference

  6. Aderra The Boomtown?It is the best of times…… • High income • Near full employment • Strong base of modern industry • Attractive offering for FDI 6th Annual Conference

  7. Aderra The Benchmarking Evidence • Levels of corporation tax 1/16 • FDI inward stock (% GDP) 1/16 • Hourly productivity based on GNP 2/16 • GDP per capita 2/16 • Unemployment rate 4/15 • Govmnt Gross Fin Liability (% GDP) 2/13 • Entrepreneurial activity 4/16 6th Annual Conference

  8. Aderra It is the worst of times…… • Rate of pay/price increases • Inadequate infrastructure • Limited in technology and international sales/marketing • Weak domestic market competition 6th Annual Conference

  9. Aderra The Benchmarking Evidence • Patent Applications 9/13 • Business expenditure on R&D 10/15 • Infrastructural Stock11/12 • Intensity of local competition 13/16 • Broadband access 14/15 • Overall infrastructure quality 15/16 • Growth in nominal comp per employee 2003/415/16 6th Annual Conference

  10. Aderra Where We Are Now- Dominant Profile of Enterprise in Ireland Most of the products we manufacture are designed elsewhere Bulk of our exports are marketed /sold by organisations outside Ireland 6th Annual Conference

  11. Aderra Where We Are Now- Dominant Profile of Enterprise in Ireland Irish Exports (Agency Assisted Companies) 1990 – 2002 6th Annual Conference

  12. Aderra Where We Are Now- Dominant Profile of Enterprise in Ireland Most of the products we manufacture are designed elsewhere R&D • Enterprise R&D activity low • BERD at 0.88% of GDP vs EU Target of 2% 6th Annual Conference

  13. The Case for Change…..Ireland in Transition Role of Knowledge Domestic Cost Globalisation Shift to Services 2004 Intense Competition for both • Low Ground • High Ground ? + 6th Annual Conference

  14. ServicesExamples of sectors and activities that offer significant opportunities for exploitation by indigenous enterprises and for increased inward investment 6th Annual Conference

  15. High-Value ManufacturingExamples of sectors and activities that offer significant opportunities for exploitation by indigenous enterprises and for increased inward investment 6th Annual Conference

  16. “If you can look into the seeds of time, and tell me which grain will grow and which will not, speak then to me.” Shakespeare (Macbeth) Building Capability to Realise Opportunities- Changing the Capability Profile of Enterprise in Ireland Need to Build World Class Expertise • International Sales & Marketing • Operations • R&D/Technology Focus on Sectors & Niches 6th Annual Conference

  17. Aderra Making it Happen 6th Annual Conference

  18. The Role of ICT Role of Knowledge Domestic Cost Globalisation Shift to Services • ICT - enabling the move from:- • Periphery of Europe to the leading edge • Production to Supply Chain Management • Low value to high value add services • High cost to high productivity networked organisations 6th Annual Conference

  19. e¦net…….enabling ICT in the regions • Making the regions more competitive through enhanced broadband availability • Managing cost-effective network fibre connections which are open to all operators on an equal opportunity basis • Increasing the addressable market for fibre-based products and services within the regions 6th Annual Conference

  20. How? Backhaul Dublin/ International EsatBT/ESB/Aurora/ eircom/etc Corporate Customer ISP PoP SME SME Co-Lo SME Multiple Carriers SME SME Government Department WiFi 6th Annual Conference

  21. The Future Aderra “The trouble with our times is that the future is not what it used to be” ….Paul Valery Growth • Services • High Value • Manufacturing 90s Today Future 6th Annual Conference

More Related