Higher value must be placed on the creation of knowledge

The period between innovation and commercialization has been called 'The Valley of Death.' The period before a market has been established requires considerable investment with little return.

Along side the loss of IP in Canada is the continued loss of researchers to other countries simply due to lack of financial support for early career scientists and for basic research, writes NDP MP Richard Cannings.Photograph by Nick Youngson, distributed under a CC BY-SA 3.0 license, Pix4free.org

Opinion

BY NDP MP RICHARD CANNINGS

February 5, 2024

In its recent report on intellectual property, the House Science and Research Committee stated that Canada has “the lowest level of corporate R&D funding in OECD and G7 countries.” This low level of corporate investment means that every year, ideas developed with our...

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