Details of a new strategy for developing science and technology announced by the Government today have been welcomed by opposition parties and third level institutions.
The plan involves a substantial increase in funding that will see the the number of phD graduates doubled.
Eight government departments will co-ordinate their activities in these areas for the first time also.
It says €3.8billion will be spent between now and 2013.
Dr Iggy O Muircheartaigh, President of the Irish Universities Association, congratulated the Government on the announcement of the Strategy for Science Technology and Innovation(SSTI).
He said that this research investment plan was a ringing endorsement by the Taoiseach and his Ministers of fourth level skills as the key driver of development for Ireland as a knowledge society.
Dr Tim Creedon, Chairman of the Council's Research Committee and Director of the Institute of Technology Tallaght, also welcomed the plan.
He said Institutes of Technology, with their close connection to industry, unique regional knowledge and expertise and history of involvement in applied research and development, are particularly well placed to deliver the Government's targets.
However, the Green Party have criticised the Government's record on R&D.
Finance Spokesperson Dan Boyle says while the increase in funding is welcome, it comes too late.
