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business capital outlays on advanced technologies, business expenditures on research and development, business investment in disruptive technologies, business investment in knowledge capital, business receipts from intellectual property, businesses not positioned to reap benefits of major technological advances, Canada's "innovation paradox", Canada's poor productivity performance, Canada's research and development spending as a share of GDP, Canadian business innovation and adoption of advanced technology, Canadian business patent applications, Canadian businesses R&D intensity, Canadian investment per worker, Canadian SMEs less productive than those in U.S., causes of slower multifactor productivity growth, competitiveness of Canada's economy, disconnect between business adoption of advanced technology and productivity, disconnect between business innovation and productivity, federal business innovation and growth support programs, growth in industrial R&D linked to largest R&D performers, impact of AI on Canadian workforce, increase in regulatory requirements in Canada, increased market concentrations in Canada, intellectual property and patent ownership, International Monetary Fund’s 2024 World Economic Outlook, labour productivity and improvements in living standards, less competition and weaker investment, link between competition, innovation and business efficiency, low AI adoption rates by Canadian businesses, lower business entry rates, more competition spurs innovation, need for businesses to expand output and increase labour productivity, obstacles for Canadian businesses adopting advanced technologies, post-COVID recovery federal support for businesses, R&D intensities across industries, R&D spending by foreign multinationals, revenues for Canadian IP, Statistics Canada's productivity research program, StatsCan Survey of Innovation and Business Strategy, 2022, and widening Canada-U.S. gap in labour productivity
Canadian business innovation and advanced technology adoption failing to improve productivity
Mark LoweyJuly 31, 2024
Innovation and advanced technology adoption by Canadian businesses aren’t producing sustained improvements in business efficiency or moving the needle on productivity, says a study by Statistics Canada.
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