2 Other small countries currently ranked ahead of Ireland include Singapore (1), New Zealand (2), Hong Kong

2 Other small countries currently ranked ahead of Ireland include Singapore (1), New Zealand (2), Hong Kong (3), Denmark (4), Finland (9) and Iceland (12)

Table 2

			Current	Potential by	Baselin
	Firm level activity	Metric
			Performance	2020	e
1	Sustainable enterprise
	Increase no. of start-ups by 25 percent	No. of enterprise births per annum	12,551	15,700	2012
	Increase no. of enterprises surviving to 5				2007-
		Survival rate of start-ups (5 years)	6,513	8,141
	years by 25 percent				2012
		EI Firms>€3m sales out of Ireland	860	1,100
	Increase in scaling activity	EI Firms > €20m sales out of Ireland	225	300	2013
		EI Firms >€100m sales out of Ireland	54	90
2	Export growth & employment
	Increase Irish-owned export intensity	Irish owned exports as % of sales	51%	55%-60%	2014
	Broadening base of Irish owned exports	Beyond UK markets by €5-€6 billion	€10bn	€15-€16bn	2014
	Increase EI employment	Increase employment by 32,000	180,000	212,000	2014
		Increase employment by 35,000 by 2019
	Increase in IDA employment		175,000	216,000	2014
		(extrapolated to 2020 at 42,000)
		900 new IDA supported investments by 2019			2010-
	Increase FDI investments		779	1,080
		(extrapolated to 2020 at 1,080)			2014
3	Innovation
					2011-
	Increase in RDI active firms	No. of EI R&D Active Firms >€100k	858	1,000
					2014
	Increase in RDI active firms of scale	No. of EI R&D Active Firms >€1m	139	220	2013
		Win cumulative €3bn in RDI investment by			2010-
	Increase in FDI R&D investment		€2.5bn	€3.6bn
		2019 (extrapolated to 2020 at €3.6 bn)			2014
		120 additional companies to engage in R&D by
	Increase in Foreign Owned RDI active firms		330	475	NA
		2019 (extrapolated to 2020 at 145)
4	Connectedness
		No. of enterprise collaborations with
	Increase no. of enterprise collaborations by		839 (EI)	1,200
		HEIs/PROs (note different basis for metric applies by			2013
	a third		900 (SFI)	1,125
		agency)
	Increase in Direct Economic Expenditures	ABSEI Direct Economic Expenditure (Irish
			€28.8bn	€36bn	2013
	by 25 percent	materials and Irish services)
		Innovative SMEs collaborating as a percentage
	Innovative SMEs collaborating with others		35%	45%	2015
		of SMEs
5	Talent and skills development
	Double investment in training and
		Expenditure on training per employee	€543	€1,100	2013
	upskilling for employees

The following indicators on productivity and export performance are useful in monitoring comparative performance on an ongoing basis.

Table 3 Key monitoring indicators – Enterprise 2025

			Current	Potential
	Monitoring Indicators	Metric			Baseline
			Performance	by 2020
			€40,900 (80% of UK &	Equivalent to
		GVA per person engaged for indigenous
1	Productivity		Germany, 60% of	UK &	2011
		sectors
			Denmark levels)	Germany
				Sustain an
		Output per hour worked, total economy,
2	Productivity		2.5%	EU top 5	2008-2013
		percentage change at annual rate3
				position
				36th world
3	Export led growth	% Share of World Trade Manufacturing	0.62%		2014
				ranking
				11th world
4	Export led growth	% Share of World Trade Services	2.70%		2014
				ranking

The importance of full employment being on a sustainable basis is a core objective of Enterprise 2025. Table 4 sets out broad indicators of what constitutes a sustainable balance of employment across exporting and non-exporting sectors of the economy based on the pattern of economic performance generally over the past 15 years4. Multiple factors influence the sectoral distribution of employment so the metrics presented here should be treated as indicative only. However, movement outside of the ranges set out below would trigger more in-depth analysis.

Table 4 Monitoring sustainable employment growth – Enterprise 2025

			Sustainability
	Monitoring Indicators	Metric
			metric
	Employment in	Proportion of the labour force employed in the seven sectors that
1			45% to 47%
	domestic activity	comprise the ‘domestic’ component of the economy5
	Gap between
		Difference between the proportion of the labour force employed in
	employment in
2		domestic sector activity and the proportion employed in exporting	<22%
	domestic & exporting
		activity6 (% point differential)
	activity