Science, Technology and Innovation Council: Canada''s Innovation Challenges and Opportunities
2014 report on the state of Canada's science, technology and innovation system
(firmenpresse) - OTTAWA, ONTARIO -- (Marketwired) -- 11/27/15 -- Today the Science, Technology and Innovation Council (STIC) released State of the Nation 2014, a major report that concludes that Canada''s poor business innovation performance represents the country''s most profound and urgent science, technology and innovation (ST&I) challenge.
The State of the Nation 2014 report, Canada''s Innovation Challenges and Opportunities- the fourth public report from STIC-charts progress from a baseline set in 2008 and compares Canada''s performance to global competitors across the business, knowledge and talent pillars of the ST&I ecosystem.
ST&I drive economic prosperity and fuel advances that improve societal wellbeing. "Proactively pursuing-and achieving-a sustainable competitive advantage in ST&I is the path to higher living standards and a superior quality of life for Canadians," said Kenneth Knox, Chair of STIC. "Success requires that all players in the ST&I ecosystem work more closely together in a "systems" approach. It requires better integrating organizations, activities and funding mechanisms in a more coherent, coordinated whole to help us realize more impact from the investments we make."
Despite ongoing efforts to improve Canada''s lagging business innovation performance, it has continued to deteriorate. "Canada has fallen behind its global competition on key performance indicators, reflected most tellingly in business investment in research and development. In 2013, Canada ranked 26th among international competitors on business enterprise expenditures on research and development as a share of gross domestic product," added STIC member Sophie Forest, Managing Partner, Brightspark Ventures. "Addressing this performance gap is critical to Canada''s future."
On a more positive note, Canada maintains a solid foundation in the quality of knowledge production and its educated population. However, our investments in these areas have begun to lag those of competitor countries. "We cannot be complacent," said STIC member Amit Chakma, President, Western University Canada. "Maintaining and enhancing excellence requires that our investments keep pace with those of our global competitors."
The Council, chaired by Kenneth Knox, is comprised of senior individuals from the business, research, education, and government communities. The Council provides the Government of Canada with independent advice on key science, technology, and innovation policy issues and produces the public State of the Nation reports that measure Canada''s ST&I performance against international standards of excellence.
A copy of STIC''s State of the Nation 2014 report, Canada''s Innovation Challenges and Opportunities, as well as biographical notes on the Council members, can be found at .
Backgrounder
State of the Nation 2014
The fourth State of the Nation report from Canada''s Science, Technology and Innovation Council (STIC) tracks the country''s science, technology and innovation (ST&I) performance against global competitors.
State of the Nation 2014 concludes that it is on business innovation that Canada faces its most profound and urgent ST&I challenge. Canada is not globally competitive in this critical part of the ST&I ecosystem, and it is falling further behind global competitors and facing a widening gap with the world''s top five performing countries.
On other indicators, State of the Nation 2014 confirms what previous State of the Nation reports have found: Canada maintains a solid foundation in its educated population and the quality of its knowledge production. However, other countries have been increasing their investments in knowledge at a faster pace than Canada, a reality that has started to impact Canada''s relative ranking - i.e., its competitiveness - on key research and development (R&D) funding indicators.
Business Innovation
Canada is not globally competitive
Knowledge
We cannot be complacent
Talent
Canada''s talent base continued to be an asset, although showed mild signs of erosion
The Way Forward
Responsibility for reversing Canada''s poor business innovation performance and growing its knowledge and talent advantages rests with all players in the ST&I ecosystem-working together, working differently, in a "systems" approach characterized by collaboration, integration and strategic investment. To address Canada''s ST&I performance challenges and build on our strengths, STIC recommends that Canada:
About the Science Technology and Innovation Council
STIC was created in 2007 to serve as the Government of Canada''s external advisory body in the domain of science, technology and innovation (ST&I). The Council has a dual mandate: to provide the government with advice on ST&I policy issues; and to produce regular public reports-State of the Nation-measuring Canada''s ST&I performance against international standards of excellence.
STIC is composed of senior individuals from the business, research, higher education and government communities.
A copy of State of the Nation 2014, as well as biographical notes on the Council members, can be found at .
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STIC Secretariat
343-291-2362
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Datum: 27.11.2015 - 08:00 Uhr
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