The Liberal government’s latest attempt to fix Canada’s chronic economic underperformance is the CIIA, a program to help underwrite business expenditures on research and development
, the Liberal government is still trying to get it right.
He added that the CIIA could succeed if it is nimble, independent, engaged with business and free to experiment.A backgrounder prepared by the Canadian government last fall shows it has been listening to critics: Funding proposals will be assessed based on whether projects have potential to create and retain intellectual property in Canada and commercialize resulting products globally.
And while the agency’s focus on business investment in R&D, IP and commercialization is promising, Benjamin Bergen, president of the Canadian Council of Innovators , said “if the CIAA winds up being another funding agency, rather than a focused organization to steer policy structures and improve innovation policy outcomes across Canada’s economy, it will fail to move the needle.”
has been a common thread in government-led creation of innovative clusters in several other countries.
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