Intelligent Ireland

3 · Correlation model

Economic, investment, innovation & transformation correlation

The FDI Ecosystem Intelligence Engine combines correlation + prediction + causal evaluation + optimization across four principal dimensions.

Economic Impact

Jobs, GVA, exports, productivity, wages and regional spillovers

Investment

FDI inflows, reinvestment, capital expenditure and mandate expansion

Deep Tech & Innovation

R&D, patents, technology adoption, research partnerships, commercialization

Digital Transformation

AI maturity, collaboration velocity, platform adoption, connectivity

n = 140 synthetic firms

Pearson matrix — click a cell to deep dive

JobsGVAExportsCapexExpansionR&DPatentsAI maturityCollab.
Jobs
GVA
Exports
Capex
Expansion
R&D
Patents
AI maturity
Collab.

R&D vs Expansion

ρ = 0.647

Pattern insight: strong association between deep tech and investment signals. Association does not establish causality.

ΔGVA by region — direct / indirect / induced (€m, synthetic)

ρXY = Cov(X,Y) / (σX σY)

Measures association (e.g. R&D intensity vs expansion). Does not establish causality.

ΔGVAr = Σi ΔOutputir × VAshareir

Estimate direct, indirect and induced effects separately using input-output data; avoid double counting.

τ̂ = (ȲT,post − ȲT,pre) − (ȲC,post − ȲC,pre)

Causal evaluation: difference-in-differences against matched non-participating firms.