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.
Topic: post-secondary institutions
With the right focus, policies and funding, Canada could be poised to seize a significant part of the ocean economy’s growth as the globe recovers and rebuilds post-pandemic, says Donald Grant, executive director at the Ocean Startup Project.
Canada needs to be prepared for the “tectonic shift” of intangibles powering new ways of delivering services that contribute more than three-quarters of Canada’s GDP, Bert van den Berg writes in an op-ed.
Innovation experts and business groups are stepping up calls for the federal government to fix a “weak and out of balance” innovation ecosystem. Canada continues to lag other countries in innovation performance and productivity, according to international indexes.
Alberta will implement performance-based funding in its post-secondary system next fall, despite decidedly mixed results on whether the strategy improves higher education and research outcomes.