Low PhD levels linked to lagging innovation

Canada's relatively low number of PhDs and science and engineering graduates are linked to the country's lagging innovation performance, concludes a new report from the Conference Board of Canada. Entitled How Canada Performs, the report says Canada's innovation performance (14th out of 17 peer nations) is due to the number of graduates the country produces, particularly PhDs in which we rank dead last. It also found a correlation between the low number of PhDs and the number of patents per capita, as well as mediocre business expenditures on R&D. The report can be found at www.conferenceboard.ca....