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codified new knowledge arising from research. 96%. 4%. WORLD. investment by MNE’s bringing tacit knowledge. CANADA. HQP and tacit knowledge. commodities (price-taking). innovations (price-setting). traded goods and services. INNOVATION IN CANADA - the big picture. 4%.
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codified new knowledge arising from research 96% 4% WORLD investment by MNE’s bringing tacit knowledge CANADA HQP and tacit knowledge commodities (price-taking) innovations (price-setting) traded goods and services INNOVATION IN CANADA - the big picture
4% from the other 96% WORLD codified new knowledge immigration emigration investments by MNEs and tacit knowledge university research government research HQP market intelligence & product information mipi market industry CANADA commodities innovations INNOVATION IN CANADA - The actors in the economy
government research university research research support problem solutions (contract or grant) standards and certification problem solutions (contract) “in kind” R&D assistance discoveries and inventions + IP discoveries and inventions + IP industry INNOVATION IN CANADA - knowledge and investment flows in the UIG triangle
university research in NSE market intelligence and product information gov’t R&D assistance results from Canadian and world research HQP gov’t R&D assistance discoveries, inventions, and IP immigrating, emigrating start-ups HQP IP $ from universities from universities HQP innovations results from Canadian and world research market intelligence and product information firms that do or buy R&D firms with no R&D market intelligence and product information investment by MNEs and tacit knowledge Investment by MNEs and tacit knowledge innovations commodities INNOVATION IN CANADA - a closer look at interactions among industry, government labs, and universities
world research operating costs codified new knowledge direct from NSERC indirect from university university research in science and engineering students HQP HQP project research basic research all sectors research infrastructure provinces CFI private funds HQP with skills of particular interest to research partner firm solutions share of project costs: $ and in kind new codified knowledge - the Canadian 4% discoveries or inventions with innovation potential problems licences firms that do or buy R&D first stages of commercialization start-ups INNOVATION IN CANADA - an even closer look at the impacts of university research in science and engineering
benefits to society new value-added economic activity successful innovation failure in the market market return on investment failure to reach the market private funds commercialization process taxes IP demonstration of innovation potential recognition new codified knowledge research support basicresearch public funds discoveries and inventions INNOVATION IN CANADA - the connection between university basic research and the market
benefits to society successful innovation new value-added economic activity successful innovation market failure in the market taxes return on investment failure to reach the market return on investment purchase of marketable product or the whole start-up company partner company private funds commercialization process internal commercialization process IP start up problems taxes solutions potential IP $ “in kind” partial research support public funds project research results, discoveries and inventions new codified knowledge INNOVATION IN CANADA - the connection between university project research and the market