UCD’s new strategic plan, UCD has three core objectives for innovation:
To maximise the impact of UCD’s knowledge and expertise to benefit Ireland
To foster a culture of innovation and entrepreneurship at 3rd and 4th levels
To foster innovation amongst all UCD staff.
Since the introduction of the Enterprise Ireland Technology Transfer Strengthening Initiative NovaUCD is supporting an increasing level of commercialisation activity arising from UCD research. This includes licensing to established companies and new ventures. By 2014 through the development of the Innovation Alliance with TCD, UCD should witness a step-change in such activities, particularly in the establishment of campus companies. These outcomes will reflect a major shift in the research and innovation culture of the University.