Finding the Balance in Innovation and Commercialization
This paper, authored by Dr. Alan Cornford and edited by Dr. Richard Lipsey discusses the importance
to Canada’s innovative capacity and, in turn, international competitiveness, of establishing the
optimal balance of investments among public research and development (R&D;), private R&D;, highly
qualified personnel and risk capital. The paper observes that these key drivers of innovative
capacity interact with each other, making the balance among them at least as important as the
investment levels in each.
