The policy imperative underwriting current research and innovation policy initiatives fails to take in the scope of research capacity in Canada. We need a frame of reference that encompasses the breadth and depth of Canadian researchers’ contributions to innovation.
Topic: business R&D
Government needs smarter policies and regulations, not more R&D incentive programs, to support innovation, say business and innovator organizations.
A key underpinning of Canadian innovation is continuing to slide with the latest data on gross expenditures on R&D (GERD) showing a 1.7% decline in 2015. Statistics Canada reports that GERD dropped $600 million to $33.9 billion from $34.5 billion in 2014 and its latest survey shows that weak performance was unlikely to change in 2016.