Canada's Low-Innovation Equilibrium: Why It Has Been Sustained and How It Will Be Disrupted
Peter Nicholson
Canadian Public Policy, 2016, vol. 42, issue s1, 39-45
Abstract:
The paper begins with some basic innovation definitions and quickly reviews evidence of the relatively weak innovation performance of Canadian business. The core of the paper develops a thesis that explains why Canadian industry, on the whole, has not emphasized innovation in its business strategies but has prospered nonetheless. This raises the question of whether Canada's low-innovation equilibrium can persist in the face of tectonic forces related to globalization, technology, and sustainability that require innovative responses from enterprises worldwide and, not least, from Canada.
Date: 2016
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