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Canada is failing to capitalize on its technological potential: patents and productivity

Mark Lowey
June 5, 2024

World Intellectual Property Organization (WIPO) patent data show Canada captures less than half of its technological potential, allowing innovations to sit unused or be scooped up by foreign companies.

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Organizations:	Advisory Panel on the Federal Research Support System, AUTM, Boston University, Boston University’s Questrom School of Business, Centre for Canadian Innovation and Competitiveness, European Union, Information Technology & Innovation Foundation, McGill University, Natural Sciences and Engineering Research Council of Canada, New York University, Ontario’s expert panel on Intellectual Property, United States Patent and Trademark Office, University of Toronto, University of Toronto’s Creative Destruction Lab, and World Intellectual Property Organization
People:	Iain Cockburn, John McKeon, Lawrence Zang, and Megan MacGarvie
Topics:	"commercialization discount" in Canadian universities, actual number of Canadian patents filed vs. potential patents, Canada's "patent productivity paradox", Canada's innovation and productivity performance, Canada's patent production during last three decades, Canadian-invented patents assigned to foreign firms, Denmark’s industrial PhD program, economic incentives for inventors to locate in Canada, emigration of Canadian inventors to other countries, encouraging collaboration between academic and industry, encouraging the location of R&D workers within Canada, EU's Horizon Europe program, foreign ownership shifting R&D out of Canada, gap between academic outputs and commercialized technologies, generating patents without productivity growth, how policy should target innovation outcomes, impact of patent boxes, impact of patents on productivity, inventor immigration to Canada, lagging tech adoption by Canadian businesses, mission-driven research, mixed effects of foreign ownership on productivity, number of Canadian patents filed, number of patents industry commercializes, ownership of IP by foreign companies, quality of Canadian inventions, realigning university research with industry needs, role of tax policy in innovation, tech transfer by Canadian universities, total factor productivity growth, tying university funding to commercialization results, and U.S. Industry-University Cooperative Research Centers program

Canada is failing to capitalize on its technological potential: patents and productivity

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Canada is failing to capitalize on its technological potential: patents and productivity

Events For Leaders in Science, Tech, Innovation, and Policy

Discuss and learn from those in the know at our virtual and in-person events.

Events For Leaders in
Science, Tech, Innovation, and Policy