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Making Canada a Destination, Not a Hunting Ground for Innovation
Canada has a thriving innovation ecosystem but one with many smaller companies that are heavily dependent on foreign buyers to help them flourish and maximize the value of their intellectual property (IP), business analysts say.
“We don’t have enough Canadian buyers interested in our own technology,” said Barry McKenna, author of two reports on Canadian IP published in June by the Innovation Economy Council (IEC).
McKenna was speaking in a video shown at an IEC roundtable of business experts and entrepreneurs discussing IP in Canada on June 3. The IEC is a coalition of tech-sector leaders aiming to shape Canada’s industrial innovation policy.