Federal Budget 2021 included the government’s largest-ever investments in intellectual property and IP services, underscoring the importance of protecting and leveraging IP for Canada’s economic growth, according to IP experts and heads of innovation groups.
The superclusters should be assessed by a broad innovation policy framework and with a longer time frame than their initial five-year mandate, says John Knubley, the former deputy minister of Innovation, Science and Economic Development Canada who was responsible for the creation of the superclusters initiative.
The Toronto-based National Angel Capital Organization (NACO) will establish the first pan-regional digital hub for investors and entrepreneurs in a custom-built space in the new Platform Innovation Centre being built by Platform Calgary in downtown Calgary.
Some academic researchers are questioning the focus and merits of Ontario’s new IP plan and whether it’s the right policy tool to achieve the province’s economic goals. But the plan’s supporters say it will help generate intellectual property and commercialize research done by post-secondary institutions for the benefit of Ontario’s economy.
COVID-19 NEWS Canadians’ trust in doctors, scientists and the government has increased since the cornovirus pandemic began, finds public opinion polls from January and repeated on May 1 and May 2. Conducted by Proof Strategies CanTrust Index of Ottawa, the survey found that 76% of Canadians trusted doctors and 70% trusted scientists. The follow up…
The federal government is providing $1.2 billion in emergency funding to help startups and rural businesses survive the COVID-19 crisis. Participants in Canada’s innovation sector say government could also help by providing tax incentives, matching funding and loans for angel investment.
With the goal becoming a mainstream healthcare company, Smiths Falls, ON-based Canopy Growth Corp. has spun off a new division – Spectrum Therapeutics – to oversee the company’s commercial medical and clinical research operations including Spectrum Cannabis, Canopy Health Innovations, and recently acquired Germany-based C3Cannabinoid Compound Company, which develops cannabinoid-based medical therapies. – Canopy Growth…
A new study shows that efforts to innovate by women entrepreneurs are not being recognized because of a dominant focus on technologies. Titled Everywhere, Everyday Innovating – Women Entrepreneurs and Innovation, the report says women in Canada are innovating in all aspects of the business but are hampered by policies and programs that restrict the concept of innovation to technology and goods rather than services.
There has been a tendency in recent policy papers to argue that a focus on entrepreneurship is the answer to Canada’s weak innovation performance. There is no academic study to back this assertion and if interested parties to pursue this myth, it will inevitably lead to confusion. Not only do entrepreneurship skills not equate to innovator skills, but rather entrepreneurs often rely on innovators to successfully carry out their projects.