It’s a Brit problem, it’s a Canadian problem

A recent British study argues that one of the top issues for U.K. innovation and industrial policy is the early sale of promising new science and tech firms to overseas-based corporations, and the truncation of further growth at home. This is our challenge, too.
Innovation Minister François-Philippe Champagne at BIOTECanada's BIONation conference in Ottawa on Sept. 24, 2024. Overall, Canada needs a new, independent, arm’s length body that can monitor how well our innovation programs are working, writes David Crane.

TORONTO—It is set out as a British problem. But it is exactly the same problem in Canada. We are failing to capture the benefits from our big investments in talent, discovery-based research, and early-stage next-economy businesses. Instead of supporting our best entreprene...

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