Ramping up commercialization of Canada’s research success will drive economic growth — Increased government, business, and education collaboration will make it happen

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Opinion: Ramping up commercialization of Canada’s research success will drive economic growth — Increased government, business, and education collaboration will make it happen cdnpoli (subs)

To compete and succeed in the changing global economy, Canada needs to become a world leader in bringing new ideas and inventions to market, writes John Hepburn, CEO of Mitacs.Canada has no shortage of vision. Our researchers are leaders in discovery and innovation.

As a nation, we consistently make key investments in post-secondary research in order to drive excellence and ideation. However, translating that creativity, new knowledge, and invention into economic growth requires commercialization—and that’s where we fall short.Enjoy unlimited website access and the digital newspaper.

 

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But how do you do that when research that is publicly funded by Canadian governments is sold to foreign buyers and new innovation is never allowed to properly take root in Canada?

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