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Policy Briefing: Innovation

Stay-the-course budget gets high marks on research and innovation


There were few surprises in Finance Minister Jim Flaherty’s latest budget, but new long-term funding for academic research is being praised as a ‘breakthrough.’
Bringing research and business together sparks new ideas that can be commercialized through the ‘push’ model as researchers gain new insights into the needs of the marketplace.
This people-centered focus has made social sciences and humanities skills essential to the innovation agendas of businesses, community organizations and governments alike.
This minister would have the trust and backing of the wider research and business community.
Conference Board study finds that 40 per cent of companies aren’t using metrics to measure innovation.

Science and Tech Minister Greg Rickford says new $1.5-billion investment in academic research is ‘unprecedented,’ but opposition wants more details.


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