Canada is a world leader in public investments in research and development (R&D), but it is a laggard in innovation performance. Bridging the Valley: Linking Public Investments in Research to Business Innovation seeks to understand why Canada’s significant investments in R&D do not translate into better business innovation performance.
The report undertakes a diagnostic of why public investments do not translate into business innovation performance. It suggests practical ways for government, higher education institutions, and businesses to work together in order to better leverage Canada’s research capabilities toward business innovation performance.
The report recommends changing professors’ incentives to collaborate, changing financing, introducing new institutions, and expanding small business voucher programs.