Council of Canadian Academies Report on Business Innovation in Canada
April 30, 2009No CommentsMinisters Welcome Council of Canadian Academies Report on Business Innovation in Canada
OTTAWA, April 29, 2009 — The Honourable Tony Clement, Minister of Industry, and the Honourable Gary Goodyear, Minister of State (Science and Technology), today welcomed the release of the Council of Canadian Academies report on the performance of Canadian businesses as it relates to innovation.
The report, entitled Innovation and Business Strategy: Why Canada Falls Short, examines why investment in innovation by Canadian businesses lags behind that in many countries of the Organisation for Economic Co-operation and Development. The report studied the factors that influence business investment in innovation and the relationship between innovation and productivity growth.
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