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.
02 May 2016
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