Genome Canada, the Canadian Institute for Advanced Research and the Canada Foundation for Innovation.
Still, Canadian businesses continue to underperform when it comes to innovation—a primary driver of productivity growth—when compared to other competing nations. The performance of business R&D is one oft-cited measure used to gauge the level of innovative activity in a country's business sector.
Canadians have reached top tier global performance in reading, mathematics, problem solving and science, and Canada has rising numbers of graduates with doctoral degrees in science and engineering.
This valuable resource of highly qualified and skilled individuals needs to be better leveraged.
The ease and ability of the academic community to collaborate, including through research networks, is also well-recognized.
to develop technologies, products and services that add value and create high-paying jobs.
Canada has an impressive record when it comes to research and the quality of its knowledge base.
Still, the innovative performance of Canada's firms and the productivity growth continue to lag behind competing nations.
The government is also committed to moving forward with a new approach to promoting business innovation—one that emphasizes active business-led initiatives and focuses resources on better fostering the growth of innovative firms.
Achieving this requires the concerted effort of all players in the innovation system—to ensure each does what one does best and to leverage one another's strengths.
the government has invested more to support science, technology and innovative companies than ever before
providing a new framework to guide federal ST&I investments and priorities. That is why the Government of Canada stated its intention to release an updated ST&I Strategy in the October 2013 Speech from the Throne.
seeking the views of stakeholders from all sectors of the ST&I system—including universities, colleges and polytechnics, the business community, and Canadians
written submissions from all Canadians on the policy issues and questions presented in this paper.
The government remains focused on creating jobs, growth and long-term prosperity for Canadians
encouraging partnerships with industry, attracting highly skilled researchers, continuing investments in discovery-driven research, strengthening Canada's knowledge base, supporting research infrastructure and providing incentives to private sector innovation.
has transformed the National Research Council, doubled its investment
supported research collaborations through the federal granting councils
created the new Venture Capital Action Plan
helping to promote greater commercialization of research and development
Our country continues to lead the G7 in spending on R&D
Canada has a world-class post-secondary education system that embraces and successfully leverages collaboration with the private sector, particularly through research networks
destination for some of the world's brightest minds
global race
businesses that embrace innovation-based strategies
post-secondary and research institutions that attract and nurture highly qualified and skilled talent
Why a race? We need to change the way we see this!!! We need to open up. See the European Commission Horizon 2020 program
http://ec.europa.eu/programmes/horizon2020/en/
They are acknowledging that Europe cannot do it alone, and are spending money on International collaboration.
There is nothing about non-institutionalized innovation, i.e. open source! There is nothing about the public in this equation like the Europeans do in the Digital Era for Europe program
https://ec.europa.eu/digital-agenda/node/66731
low taxes, strong support for new businesses, a soundly regulated banking system, and ready availability of financial services
reducing red tape
expanding training partnerships and improving access to venture capital.
Collaboration is key to mobilizing innovation
invest in partnerships between businesses and colleges and universities
But the public and in people is still not in sight of the fed gov.
Economic Action Plans (EAP) 2012 and 2013
provide incentive for innovative activity in firms, improved access to venture capital, augmented and more coordinated direct support to firms, and deeper partnerships and connections between the public and private sectors.
In essence we are trying to reproduce the smartphone experience in textile form," says researcher Maksim Skorobogatiy of the Polytechnic School in Montreal, Canada. "We are looking for applications where we can weave in sleek, non-invasive control, avoiding blocks of push buttons."
We heard that the government should be more focussed on helping innovative firms to grow and, particularly, on serving the needs of small and medium-sized enterprises (SMEs)
greater cooperation with provincial programs
innovation support is too narrowly focussed on R&D – more support is needed for other activities along the continuum from
ideas to commercially useful innovation
more productive and internationally competitive economy
whole-of-government program delivery vehicle – the Industrial Research and Innovation Council (IRIC)
SR&ED program should be simplified
includes non-labour costs, such as materials and capital equipment, the calculation of which can be highly complex
the base for the tax credit should be labour-related costs, and the tax credit rate should be adjusted upward
fund direct support measures for SMEs
promoting the growth of firms
facilitating access by such firms to an increased supply of risk capital at both the start-up and later stages of their growth.
building public–private research collaborations
National Research Council (NRC) should become independent collaborative research organizations
become affiliates of universities
create opportunity and demand for leading-edge goods
encouragement of innovation in the Canadian economy should become a stated objective of procurement policies and programs.
the government needs to establish business innovation as a whole-of-government priority
put innovation at the centre of the government's economic strategy
Innovation Advisory Committee (IAC) – a body with a whole-of-government focus that would oversee the realization of our proposed action plan, as well as serve as a permanent mechanism to promote the refinement and improvement of the government's business innovation programs going forward.
focus resources where market forces are unlikely to operate effectively or efficiently and, in that context, address the full range of business innovation activities, including research, development, commercialization and collaboration with other key actors in the innovation ecosystem
the closer the activity being supported is to market, and therefore the more likely it is that the recipient firm will capture most of the benefit for itself.