Gregg Bayes-Brown, news editor of our sister title Global University Venturing, looks at how Canada is trying to ensure it stays on top of innovation despite worries this aspect of the economy is under performing.
The struggle to end the stasis
Global competiveness ranking: 14
Global innovation ranking: 11
Research and development spend as a percentage of GDP:1.8%
Canada is no stranger to innovation. A range of technologies have come out of the country, including the electric wheelchair, the hydrofoil boat, sonar, gas masks and medicinal insulin to name a few. And yet, Canadian innovation finds itself in an interesting position.
The country features all-round good education with excellent universities producing top tier research and…
