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Navigating Research Commercialization in Canada: Overcoming Challenges and Embracing Opportunities

Addressing the hurdles in Canadian research commercialization, including low industrial investments, and fostering university-industry partnerships for innovation. Strategies to increase R&D efficiency and IP protection emphasized.

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Navigating Research Commercialization in Canada: Overcoming Challenges and Embracing Opportunities

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Presentation Transcript

  1. Suzanne Fortier, President

  2. Challenges in commercialization of research • Bad report cards for Canada on innovation • Strong emerging R&D players • Increasing risk in R&D investments • Low return on VC investments • Low industrial R&D investments in Canada • Productivity challenge

  3. Assets • Increased research capacity in Canadian universities • Some world class research and test facilities • Canada’s research strength in several important S&T areas • Culture of university-industry partnerships • Great marks for Canada on education

  4. Our to do list …. • Learn to be faster and nimbler • Share more openly pre-competitive knowledge • Learn to identify and protect promising IP • Evolve the role of tech transfer offices from gate keepers to match makers • Create new approaches for university-industry partnership tailored to the needs of specific industrial sectors • Educate the innovators of tomorrow

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