(DOWNLOAD) "Bridging Canadian Technology Smes over the Valley of Death" by International Productivity Monitor # Book PDF Kindle ePub Free
eBook details
- Title: Bridging Canadian Technology Smes over the Valley of Death
- Author : International Productivity Monitor
- Release Date : January 22, 2009
- Genre: Social Science,Books,Nonfiction,
- Pages : * pages
- Size : 65 KB
Description
THE STUDY Innovation and Business Strategy: Why Canada Falls Short produced by an expert panel under the auspices of the Council of Canadian Academies is a well-researched and well-presented report on innovation in the Canadian private sector. The authors were asked to examine the innovation performance of Canadian firms and the factors behind this performance. They conclude that Canadian business is characterized by a lacklustre innovative business-sector performance on many accounts. The main diagnosis of the report is correct: Canadian business is lagging in terms of innovation and productivity. The gap or shortfall appears in business expenditure on R&D (BERD) which is low compared to other OECD countries and declining. It also shows itself in low levels of private investment on information and communication technologies as well as on machinery and equipment. It can also be seen in labour productivity figures, and in the limited number of large high-technology firms which are Canadian-owned and -controlled. In addition, foreign control and imported technology in important industries such as automobile and chemicals allow Canada to produce cars or basic petrochemicals with little R&D. The panel's conclusions are straightforward: Canada needs to increase its BERD in both total absolute terms and relative to sales or gross domestic product (GDP).