Major reforms are required to the federal SR&ED tax credit program to stimulate business R&D spending and for Canada to compete internationally in innovation, says a policy brief by Robert Asselin.
Organization: Organisation for Economic Co-operation and Development
Opinion Leader: Much stronger public sector support needed for industry’s commercialization of intellectual property
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.
Opinion: It’s time for Canada to rethink its innovation policies and integrate its programs
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.
Government ‘can and should pick winners’ to grow scale-up companies, says federal advisor
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 needs a targeted industrial strategy to improve innovation performance, experts say
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.
Federal government must improve “catastrophic” innovation performance, say innovation experts and business groups
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.
Ottawa defends innovation performance and initiatives to strengthen ecosystem
Innovation Science and Economic Development Canada, in a detailed response to growing criticisms, defends the federal government’s innovation performance, policies and programs.
Researchers propose new performance indicators to better measure superclusters’ progress
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 need to improve management and optimize use: OECD report
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.
Ottawa and Quebec team up with $15-million investment to advance responsible AI development
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.