You’re highlighting a real structural leak. We invest heavily in research, but domestic ownership remains low. Actually, CIPO’s 2023 report shows that roughly 88 percent of patent applications in Canada are filed by non-residents. This suggests we are often subsidizing the early stages of ideas that foreign firms eventually own and profit from. The challenge isn't just the "freedom to operate" but the fact that our domestic IP base is so thin. Statistics Canada data suggests only about 6 percent of businesses own patents.
Bravo Kyle and the Conference Board of Canada. Taken together with other inputs provided for at least 20 years, we know what to do. By "we" I mean the public, private, and non-profit sectors, but of course you are right to focus on publicly funded research and commercialization. More inputs now will mostly be blah blah blah - thanks Ms Thunberg. Can Canada get it together for change? That is now the question.
One would think that so many reports coming out from so many different innovation-focused organizations that all say effectively the same thing would be a unifying force as far as policy making goes, but here we are.
You’re highlighting a real structural leak. We invest heavily in research, but domestic ownership remains low. Actually, CIPO’s 2023 report shows that roughly 88 percent of patent applications in Canada are filed by non-residents. This suggests we are often subsidizing the early stages of ideas that foreign firms eventually own and profit from. The challenge isn't just the "freedom to operate" but the fact that our domestic IP base is so thin. Statistics Canada data suggests only about 6 percent of businesses own patents.
Bravo Kyle and the Conference Board of Canada. Taken together with other inputs provided for at least 20 years, we know what to do. By "we" I mean the public, private, and non-profit sectors, but of course you are right to focus on publicly funded research and commercialization. More inputs now will mostly be blah blah blah - thanks Ms Thunberg. Can Canada get it together for change? That is now the question.
One would think that so many reports coming out from so many different innovation-focused organizations that all say effectively the same thing would be a unifying force as far as policy making goes, but here we are.