Innovation Challenge Paper No. 4: The Road to Global Best: Making Commercialization Happen

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Innovation Challenge Paper No. 4: The Road to Global Best: Making Commercialization Happen

Innovation and Technology
Pages:5 pages8 min read

Author: Brian Guthrie, Jacek Warda

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Innovation is about turning knowledge and creativity into value. How can this be done? The what if? questions in this paper, the last in a series of four, are designed to provoke constructive dialogue about innovation among Canadians.

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Innovation is about turning knowledge and creativity into value. How can this be done? The what if? questions in this paper, the last in a series of four, are designed to provoke constructive dialogue about innovation among Canadians.

Document Highlights 

Prosperity for Canadians depends on our ability to innovate; to create and commercialize new ideas; and to offer world markets a unique set of innovative products, expertise, and technologies.

  • What if businesses, governments, and other institutions nurtured a culture that encouraged entrepreneurship and risk taking?
  • What if SMEs had direct access to a pathfinding capability leading to networking opportunities?
  • What if firms partnered with, learned from, and/or hired marketing experts worldwide?
  • What if a ‘national innovation centre’ was established?
  • What if leaders focused on three or four niche areas, defined by technical and market strengths, and ensured that Canada was branded globally as the leader in these areas?

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