02 May 2016

Innovation, consultation

The Conference Board's Daniel Munro has a good editorial in today's Globe and Mail pertaining to the consultations the federal government is engaging in as it crafts a new innovation agenda.
Four things for Ottawa to keep in mind as consultation on innovation unfolds offers solid advice on the need to think of this from a business perspective, and not from a basic science perspective. Both are necessary - Canada has an excellent basic and applied research capacity. We lack on industrial receptivity to public sector R&D. Our private sector firms also fare poorly on what I call the three legged stool of productivity: business expenditures on R&D (BERD), investment in new technology, and investment in further education and training. Munro rightfully pulls in Alex Usher to the discussion, who has offered some excellent insights on this conundrum.

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