The report, released Monday by the Institute for Research on Public Policy (IRPP), looks at Canada’s Innovation and Skills Plan. The initiative was created to amend the country’s main innovation issues: shrinking productivity growth, an expanding R&D investment gap and the need to use innovation to improve society. According to the report, innovation policy cannot be successful without addressing demand—for which the study has three recommendations: increase the public sector’s ability to absorb innovation; call for innovative solutions to societal issues and encourage consumers and institutions to purchase them; and foster user-driven innovation that responds to market needs on both the production and consumption sides. (The Logic)
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
Quebec Ink: Attempt to throttle access to English education worries business leaders—and young Francophones
Radical Ventures leads US$10M Series A in Crossing Minds
Global tax deal worth $4.5B annually to Canada, finance department estimates
Canadian Securities Administrators recommend mandating financial climate risk
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership to The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our newsroom team and special guests.