Jim Hinton is a patent lawyer based in Kitchener-Waterloo and the co-founder of the Innovation Asset Collective (IAC), which launched this year with $30 million in federal funding. Research Money spoke to Hinton about the challenges facing tech developers, researchers and policymakers surrounding IP.
Canada’s continued poor performance in innovation and business productivity is due to a failure to link publicly funded research and innovation programs to an industrial strategy based on the country’s strengths, say innovation experts. Meanwhile, studies by University of Toronto researchers show the federal innovation agenda has negatively impacted funding for basic, investigator-driven research but hasn’t addressed the underlying problem of industrial innovation in Canada.
Toronto is the only Canadian city on the short list of 20 metropolitan areas that Amazon.com Inc is considering for its second headquarters in North America, dubbed HQ2.
The Liberal government is pushing for more diversity and inclusion in science and engineering, even to the point of threatening to cancel some funding to universities that don’t support the agenda. At the recent Canadian Science Policy Conference (CSPC) held in Ottawa, Science minister Kirsty Duncan announced a number of initiatives to encourage equity, diversity and inclusion (EDI) in science, technology, engineering and math (STEM).