Innovation in the Global Economy
On the importance of innovation to reaching Canada's international policy goals
Do We Need to be More Innovative?
“Only one thing is ever guaranteed, that is that you will definitely not achieve the goal if you don't take the shot.”--Wayne Gretzky--
In the new global knowledge economy, prosperity depends on innovation and the commercialization of ideas. In recent months both topics have become major themes in discussions amongst university, business, and prominent government personnel. They are believed to be so important that Premier Dalton McGinty, and several of his Ministers have been meeting with interested [...]Let's recognize the benefits of foreign investment for innovation
Summary:Policies that promote innovation are not enough. Removing obstacles to the spread of innovation is just as important to a country's standards of living. Unjustified barriers to foreign investment are one such obstacle.
It has become commonplace to say that innovation is key to success in the global economy. As I hope to discuss with readers and elaborate on in subsequent articles, this commonplace statement is also be by and large correct.
Of course not everything that might rate as an "innovation" is automatically to be welcome. But a society that exhibits the mindset and provides an environment that welcome innovative behaviour (and channels it for the greater good) can be said to have the inside track to [...]Innovation key to Canada's credibility on Kyoto
To those who
have been following the data on greenhouse gas (GHG) emissions, the
recent United Nations report showing that the United States has
done better than Canada in controlling emissions does not come as a
surprise, as claimed in a Globe and Mail article by Martin
Mittelstaedt (November 28, p. A8). What is a surprise is the
sanctimonious and clearly not fact-based position on the part of
many Canadian opinion leaders that, because Canada has actually
promised under the Kyoto Protocol [...]
About
This blog wants to promote a discussion on policies that affect Canada's innovative performance and, conversely, on how innovation can help achieve important policy goals. Its main underpinning is that innovation is not a separate economic switch that can be turned on or off independently of other policies, but rather is deeply intertwined with policies on a large number of fronts.
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