To be competitive in the innovation economy, countries must develop strategies to invest in and protect their intellectual property (IP). So far no such approach has been adopted in Canada, and as a result, Canadian firms have faced challenges in scaling to global markets and competing in knowledge-intensive sectors. This brief, written by Helen Broom (MGA ’17) and Alessandra Jenkins (MGA ’17), describes three key barriers to innovation that could be overcome if the Government of Canada were to develop a national IP strategy as a key component of the Innovation Agenda.
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June 8, 2017