More public sector support is needed to help Canadian companies generate and protect valuable intellectual property, because businesses are failing to exploit their IP and reap the economic benefits for Canadians, Daniel Katz, lead research analyst at Global Advantage Consulting Group, and Natalie Raffoul, managing partner of Brion Raffoul LLP, say in an op-ed.
Organization: Organisation for Economic Co-operation and Development
Canada must rationalize its innovation programs and provide its research, development and innovation ecosystem with coherent direction as part of a plan for long-term economic growth, Dr. Camille Boulet, PhD, and Ömer Kaya at Global Advantage Consulting Group, say in an op-ed piece.
In a recent report for the Brookfield Institute for Innovation + Entrepreneurship, Sheldon Levy, special advisor to the federal minister of small business and export promotion, argued that government should identify and support select firms with high potential to become global competitors. “There are many countries that have to pick their laneway and can’t be the best at everything all the time,” Levy told Research Money.
Canada’s continued poor performance in innovation and business productivity is due to a failure to link publicly funded research and innovation programs to an industrial strategy based on the country’s strengths, say innovation experts. Meanwhile, studies by University of Toronto researchers show the federal innovation agenda has negatively impacted funding for basic, investigator-driven research but hasn’t addressed the underlying problem of industrial innovation in Canada.
Innovation experts and business groups are stepping up calls for the federal government to fix a “weak and out of balance” innovation ecosystem. Canada continues to lag other countries in innovation performance and productivity, according to international indexes.
Innovation Science and Economic Development Canada, in a detailed response to growing criticisms, defends the federal government’s innovation performance, policies and programs.
Canada needs a new set of indicators to more precisely measure the performance of its five superclusters, which would also enable policy-makers and government regulators to improve innovation practices and policies, says a new study by the Montreal-based Institute for Research on Public Policy.
National research infrastructures (RIs) need to improve how they manage their facilities, resources and users in order to optimize RIs’ scientific capabilities, says a new policy report by the Organisation of Organisation for Economic Co-operation and Development and Science Europe. The report offers two new “guiding models” of best practices for improving the operation and use of RIs.
The federal and Quebec governments are teaming up on a $15-million investment to advance responsible development of artificial intelligence, including a new international centre of AI expertise in Montréal.
Scientists and scholars have submitted recommendations to G7 leaders for consideration when they meet June 8-9 for their annual summit in Charlevoix QC. The recommendations are contained in two statements on the “most pressing issues of our times” – the digital future and the global Arctic.