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Martin has transformed the Rotman School from a mediocre Canadian business school to a world-class institution. It’s one of the few business schools around with an innovative curriculum built around the fundamentals of design thinking. Martin believes designers approaches to thinking and problem-solving can and should be applied to all components of business (He calls it integrative thinking and business design.) Most of our own processes here at the Business Innovation Factory are firmly rooted in design thinking principles.

Martin also managed to lure Richard Florida to Toronto in 2007 to direct the Rotman School's new $120-million Martin Prosperity Institute. Spinning off from much of Florida's research, the institute's goal is to build a leading think-tank on the role of sub-national factors – location, place and city-regions – in global economic prosperity. By taking an integrated view of prosperity, the institute will look beyond economic measures to include the importance of quality of place and the development of people’s creative potential. I'm looking forward to ongoing conversations with our new friends at the Rotman school. I suspect there might even be a collaboration or two about to happen as well. Bottom line: if you want to learn about innovation, Toronto is the place to be.

“Collaboration is the essence of the new economy,” insists Ross Wallace, director of strategic partnerships at MaRS. “There’s a new focus on the power of institutions to generate intellectual property and ideas, and then build around them.”

MaRS has a virtual education program dubbed “Entrepreneurship 101.” One February class features budgeting, another agrifood innovation. The classes are available at no cost, and anyone can register. The program also includes blogs and discussion groups such as the drug development and cancer targets groups. So far, MaRS has relied on viral marketing to get the word out.

To provide that expertise, MaRS developed the MaRS Venture Group. This team of experienced investors, entrepreneurs, technology experts, and advisors works with companies to help them bridge the gap between entrepreneurial start-up and experienced growth company. The Venture Group provides market intelligence as well  as advisory services such as strategic planning, partnership and alliance building, intellectual property management, marketing and communications, sales strategy, channel development, financing, and human resource development. It works with groups outside the MaRS orbit, too.

social and environmental change