Education Commons^™

Breaking Down Barriers To University-Business Cooperation In The University: Change Through Incentivisation, Lyndsey El Amoud, Séamus Ó’Tuama

Conference Papers

Irish universities are currently engaged in a process of shifting their reliance on state subvention as their primary source of income to one that includes developing new streams of non-exchequer funding. This scenario emerges from a long-term trend of reduced state subvention which was dramatically accelerated by the virtual collapse of the Irish economy, which required an external rescue package brokered with the European Commission, the European Central Bank and the International Monetary Fund (which became know as the Troika) from November 2010. While Ireland has officially exited this arrangement, its public finance will remain severely constrained for an extended …