Wednesday, 10 July 2013

Questions (21)

Catherine Murphy

Question:

21. Deputy Catherine Murphy asked the Minister for Jobs, Enterprise and Innovation the position regarding the key commitment to develop an international content services centre; if he expects funding for such a project or similar project to come from the recently announced strategic investment fund; and if he will make a statement on the matter. [33469/13]

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Written answers (Question to Jobs)

In order to deliver on a commitment in the Programme for Government regarding the development of an International Content Services Centre, my Department commissioned a Feasibility Study as part of the deliberative process around this proposal to examine what structures and policies could be developed to make Ireland a world centre for managing and trading in intellectual property. The objectives of the study were to identify and describe the emerging trends in IP Portfolio Management in corporations globally; and taking account of such global emerging trends, to identify options and models for Ireland to leverage its existing strengths to become an internationally attractive centre for managing and trading in IP, such that this could realise an economic and jobs potential.

The Study, which was undertaken by Deloitte, was finalised in January 2013 and is now being considered by officials in the Department in the context of wider policy developments and economic conditions domestically and globally. Following this consideration, proposals will be developed regarding the next steps to be taken resulting from the findings of the Study. At present, proposals and criteria for funding of initiatives under the Strategic Investment Initiative are at an early stage of development and it is too early to say if an international content services centre would fit within the scope of the Fund.