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Graupner, Linda

Submission — Individual / interested citizen

Important note: The content of submissions and summaries is the sole responsibility of the person and / or organization having made a submission. The posting of this content does not indicate that the Panel supports or endorses it. Submissions and summaries are posted in the language provided without modification.

Submitter(s): Graupner, Linda

Summary: Despite its world-class reputation for research, Canada is falling behind in its ability to commercialize its inventions and turn them into successful business propositions. Our challenge lies, not in a lack of research, but rather in the business sector's ability to access that research and leverage technology to build strong resilient companies through innovation. The solution to Canada's innovation challenge lies in our enterprises and the business strategies they adopt. This submission takes the view that funding for research must remain a priority, but that it is time for a "correction" in government funding to give greater emphasis to programs that bolster an entrepreneurial culture that will in turn drive the demand for innovation. This can be done with minimal cost by leveraging existing business support programs and refocusing some of our research initiatives on industry-led partnerships. Existing R&D programs should be reviewed and modernized to focus on collaborative arrangements involving universities, business and government, with strong private sector input and an emphasis on integrating SMEs. With hundreds of existing innovation programs available today, there is no need to create new ones. Rather we must focus on those that are working well and that are showing results in addressing core deficiencies in our innovation eco-system. Particular emphasis is recommended on programs that deliver results in the following key areas:

  1. Building entrepreneurial talent
  2. Fostering global business acumen
  3. Encouraging and supporting technology adoption
  4. Fostering business/academic collaboration
  5. Providing a secure financial platform
  6. Fostering social innovation alongside business innovation

Full submission: PDF Version