Is Canadian Innovation in Decline?
According to the 2017 Global Innovation Index (GII), which measures how innovative over 130 countries are, Canada has fallen from 15th place in 2016, to 18th place in 2017.
The Global Innovation Index acknowledges that “Canada excels in ease of starting a business and quality of scientific publications, while its political, regulatory and business environment draw top marks.” However, compared to the United States, which ranked fourth in 2017, the GII suggests Canada may suffer from a lack of strengths such as “the [high] presence of high-quality universities and firms conducting global R&D, [a high] quality of scientific publications, [high] software spending, and the [strong] state of its innovation clusters,” which the US boasts.
Read the full blog from our wonderful friends at The Ingunity Group here:
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