Industrial Research Assistance Program will be moved from National Research Council to new CIC, with a combined budget of $2.6-billion over four years
Former BlackBerry co-chief executive Jim Balsillie, who has long urged Ottawa to improve its approach to commercializing and protecting intellectual property , said it appears the new corporation will repeat past mistakes.
“Otherwise it’s just another spray-and-pray granting program,” he said. “They keep confusing IP generation and IP protection, and there’s no mention of the data-driven economy.”Dan Breznitz, co-director of the Innovation Policy Lab at the University of Toronto’s Munk School of Global Affairs and Public Policy, said the corporation can make a positive contribution if it is led by the right people.
He said the potential is there for the corporation to make quick funding decisions unlike any other government body. He urged the private sector to petition the government to ensure that leaders with strong business acumen are selected for its leadership positions. Council of Canadian Innovators president Benjamin Bergen also said leadership selection will be key in determining whether the new corporation will be a success.“What the document does lay out is that those who are at the head of it will have a lot of freedom to determine its strategies and its approaches. And that is a bit of a departure from this government,” he said. “If we find the right people, I think it will be a step in the right direction and potentially a success.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ottawa announces new Canada Innovation Corp. aimed at commercializing researchIndustrial Research Assistance Program will be moved from National Research Council to new CIC, with a combined budget of $2.6-billion over four years
Read more »
Canada to provide $21-million for Ukraine demining efforts, humanitarian assistanceForeign Minister Joly announces funding for humanitarian efforts during Kyiv visit, including $14-million for humanitarian and civil causes, particularly those that deal with sexual violence
Read more »
Quebec tables legislation to allow advance requests for medical assistance in dyingThe legislation allows people with incurable diseases to make advanced requests for medical assistance in dying before they become incapacitated
Read more »
Federal government announces new restrictions on research funding to protect Canadian intellectual propertyFunding will be denied if any researchers are affiliated with a university or entities connected to foreign militaries or security agencies that are viewed as…
Read more »
Canada clamps down on military research as China concerns growCanadian Prime Minister Justin Trudeau’s government will stop funding projects affiliated with universities, institutes or labs connected to foreign military,…
Read more »