Canadian innovation lags, despite improved VC activity, connectivity

A new report by The Conference Board of Canada said Canada continues to lag in innovation performance, despite improvements in some key factors. How Canada Performs: Innovation's report card gives Canada an overall grade of "C", up from a previous grade of "D", and ranks its ninth among 16 peer countries. Canada has made improvements in such areas as venture capital investment and connectivity, and "fares well on entrepreneurial ambition," the report said. However, the country's performance remains weak in the areas of ICT investment, patents, business R&D and productivity.

3 September 2015•5 mins read
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