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.
Topic: Scientific Research and Experimental Development program
Largest-ever federal investments in intellectual property a “significant step” toward improving Canada’s global competitiveness, IP experts and innovation groups say
Federal Budget 2021 included the government’s largest-ever investments in intellectual property and IP services, underscoring the importance of protecting and leveraging IP for Canada’s economic growth, according to IP experts and heads of innovation groups.
Growing scaleups into world champions takes more than money, Canadian entrepreneurs say
Canada’s innovation ecosystem needs major cultural and structural changes to adequately support mid-tier firms with the potential to be global champions.