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The Final Leg

19 Apr 2018

The views expressed in this report are the views of the Institute and do not necessarily represent those of the Government of Ontario. [...] New and improved value-adding products, services, and processes enable businesses to better serve customers, employ more workers at higher wages, and raise the productivity and living standards of a region.2 Innovation has propelled the development of the Ontario economy in all sectors, from telecommunications to auto manufacturing to biotechnology. [...] In fact, Ontario’s low levels of innovation and poor commercialization record are the primary drivers of the province's prosperity gap with its peer jurisdictions in Canada and the United States.4 8  INSTITUTE FOR COMPETITIVENESS & PROSPERITY The transfer of knowledge and technol- may be unable to obtain sufficient ogies from universities and other public information about the technological or Def [...] Greater compe- commercialization gap between these The future is not destiny, CEOs and futur- tition for both customers and places stages, which is known as the innovation ists interviewed by the Institute rated in increasingly global supply chains, valley of death (Exhibit 1).13 Ontario’s level and quality of research coupled with the threat of a rising as neutral (3.8 out of 5), but viewed the C [...] These elements client relationships while a research and the Leibniz Association, a union of are important for understanding how unit performs the commercialization independent research centres across Fraunhofer has been able to benefit the research and maintains contacts with virtually all research fields.101 However, German economy and provide learning researchers in universities and other Fraun
innovation education economics economy school decentralization entrepreneurship science and technology psychology canada business management competition competitiveness culture employment human resources innovations earnings r&d firms ip further education competition (companies) innovative business incubator national research council fraunhofer-gesellschaft
ISBN
9781927065280
Pages
44
Published in
Toronto, ON, CA

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