Innovation Anthology #273:

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The Canadian Council of Academies has recently published its report called Business and Innovation Strategies: Why Canada Falls Short.

Speaking at InnoWest 2009, Academies’ President Peter Nicholson said Canada falls short on the Innovation front because Canadian business has been quite successful without a focus on innovation.

PETER NICHOLSON: I think that business behavior will not change significantly unless and until the circumstances that they face in the marketplace change. And I think those are changing. You’ve got the great opportunities in Asia. You’ve got increasing vulnerability of our access to the US market, whether its protectionism or its national security concerns. We’ve got the environmental concerns surrounding resource production which are going to require more innovation. We’ve got the aging population, which means we’re going to have to get a lot more productivity out of our labour force, and that will require more innovation. So for all those reasons, I think there are very strong signals coming out of the market.

The report, Business and Innovation Strategies: Why Canada Falls Short, is available on line at www.scienceadvice.ca

FOR INNOVATION ANTHOLOGY, I’M CHERYL CROUCHER

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Program Date: 2009-12-03