Apparently I am not alone in thinking along these lines. The Globe and Mail had an article yesterday entitled “Canada has everything going for it ... except innovation”. Canada is #1 in spending on public innovation; however, we are #14 in terms of innovation productivity. Innovation has long been a challenge for Canada yet we continue to stay the course.
In fact there is a good article in the Ottawa Citizen recently by Richard Florida on “Why Canada needs a Great Reset”. Change seems like a good thing when you are spending like a gold medal winner but performing like an also ran. The two key points from my perspective are;
- Focus on growth industries - Create new and better jobs
This 1st place spend coupled with a 14th place finish has me pondering Canadian innovation performance. I’ll be dong some pondering and writing of the “Innovation Series” over the summer break.
- Ian Graham
Why Canada needs a great reset! Canada has everything going for it ... except innovation.