The OECD review on the future of higher education in Ireland makes far-reaching recommendations for reform and development of the sector. The review comes against a background of the crucial role that has been identified for our higher education system which is not only producing well-educated graduates but is also achieving Ireland's broad strategic objective to become a world leading knowledge-based society.
The extensive consultation that the OECD team undertook with all the key stakeholders here, and the expertise of the team itself, lend considerable weight to these recommendations. Obviously a good deal of consideration and examination of these is necessary on my part. The major importance of the challenge that has been put to Government and to the higher education sector through these recommendations cannot be underestimated. As Minister, I intend to take these seriously and, as a priority, work closely with my Government colleagues and consult widely with the higher education sector in advancing progress on them. In this regard, it is my intention to bring proposals to Government shortly on an implementation approach and priorities.
However, in terms of an immediate response, I welcome certain aspects of the report, including, for example, those relating to the strategic framework within which higher education should develop. The analysis of the review team in respect of the development of a unified strategy for the sector is welcome. As the report outlines, the institute of technology sector has brought great strength to the Irish system and has been successful in meeting the varying needs of students, the economy and society. The emphasis in the report on the institute of technology sector as an equal partner with the universities in a dynamic, diversified system is important in that regard.
The report has identified a continuing need for an independent policy advisory and funding authority for the sector. I agree that this is the appropriate vehicle for ensuring an integrated policy approach to the entire sector, including the institutes of technology and other non-designated bodies. If we are to maximise available strengths and resources within a unified Irish higher education system, stronger inter-institutional collaboration needs to be encouraged. A single oversight body is well-placed to incentivise and promote that.
As the Deputy is aware, it has been a long-standing policy objective to designate the institutes of technology under the Higher Education Authority. The OECD report endorses this and, with the agreement of my Government colleagues, I propose to move on this now on a transitional basis in advance of full legislation for a new authority.
The report makes important recommendations on governance and leadership for higher education institutions and presents a detailed analysis of required changes to the funding allocation model for the sector. These are very welcome. I am glad to say the HEA is already advancing work on a revised funding mechanism in consultation with the relevant stakeholders. The emphasis laid by the OECD report on particular aspects of what is required is a valuable input in this regard.