Establishing a multi-stakeholder Prosperity Council and setting ambitious performance targets are key to overcoming Canada’s decades long productivity and competitiveness problems, says new report.
Topic: Innovation Agenda
Canadian universities are taking diverse approaches to equip students with entrepreneurial skills and foster a start-up culture on campuses.
That is the conclusion of a new report released this week by Mitacs, a national not-for-profit organization that provides research and training programs to support innovation. Titled Entrepreneurs on Campus: University-based support for start-ups, the report provides an overview of the diverse approaches universities are taking to prepare students for a rapidly changing workforce—as entrepreneurs or as employees.
The rank and file at the National Research Council will have their voices heard at the federal Cabinet table this spring following an internal consultation that identified ways in which the agency can best support Canada’s innovation priorities.
Opinion is decidedly split on the federal government’s delivery of its promised innovation Budget. The March 22 budgetary planning document contains a wide range of measures related to skills, company financing, program consolidation and clean technology.
A Waterloo policy think tank founded by former Blackberry executive Jim Balsillie is funding a new study that will examine how start-ups can get access to free intellectual property legal services across Canada. The one-year project is examining the success of the Innovation Clinic at York Univ’s Osgoode Hall Law School, with a view to replicating the model nationally.
The federal government has been afforded a timely opportunity to move the markers on innovation with the latest recommendations from the Advisory Council on Economic Growth
The Advisory Council on Economic Growth says Canada must choose a small number of promising sectors for growth as the US, UK, New Zealand and Australia have done with varying degrees of success. And while the council does not provide a specific list, it does single out agriculture and food, energy and renewables, mining and metals, healthcare and life sciences, advanced manufacturing, financial services, tourism and education as the best bets.
The creation of two large funds aimed at scaling high-growth tech firms is among the recommendations contained in the second wave of reports from the Advisory Council on Economic Growth. The funds would target what the panel describes as bottlenecks in the innovation ecosystem – early- and expansion-stage companies as well as established small- and medium-sized enterprises (SMEs) with high impact potential.
R$ publisher, Dr. Jeffrey Crelinsten recently spoke with Dr. Patry about CFI, the challenges of being an entrepreneur in Canada and the government’s pending innovation agenda.