Innovation Canada: A Call to Action

Innovation Canada: A Call to Action Innovation Canada: A Call to Action

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Innovation Canada: A Call to ActionList of Boxes2.1 Types of Innovation and Their Support by Government . . . . . . . . . . . . . . . . . . . . . . . . 2-22.2 Defining R&D . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-52.3 International Comparisons of R&D Spending . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-62.4 Where Do Businesses Get Their Ideas for Innovation? . . . . . . . . . . . . . . . . . . . . . . . . 2-133.1 Expenditure Reviewed by the Panel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-35.1 Operating Principles of the Proposed Industrial Researchand Innovation Council . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-116.1 Direct Support Versus Indirect Support . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6-36.2 Key Parameters of the SR&ED Tax Incentive Program. . . . . . . . . . . . . . . . . . . . . . . . . . 6-66.3 Stacking of R&D Support. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6-96.4 Claiming Overhead Expenses through the SR&ED Program . . . . . . . . . . . . . . . . . . . . 6-117.1 Use of Procurement to Support SME Innovation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7-37.2 Canadian Innovation Commercialization Program (CICP). . . . . . . . . . . . . . . . . . . . . . . 7-57.3 Germany’s Fraunhofer-Gesellschaft . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7-87.4 Institutes of the National Research Council within the Review . . . . . . . . . . . . . . . . . . 7-97.5 Sectoral Research and Innovation Strategies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7-118.1 Innovation Policy Advisory Bodies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8-3List of AcronymsAAFCACOABDCBERDBICCCACCPCCED-QCICPCIHRCRACSACSLSCVCADRDCEMSFedDev ONFedNorFINAgriculture and Agri-Food CanadaAtlantic Canada Opportunities AgencyBusiness Development Bank of Canadabusiness expenditure on research and developmentproposed Business Innovation CommitteeCouncil of Canadian AcademiesCanadian-controlled private corporationCanada Economic Development for Quebec RegionsCanadian Innovation Commercialization ProgramCanadian Institutes of Health ResearchCanada Revenue AgencyCanadian Space AgencyCentre for the Study of Living StandardsCanada’s Venture Capital & Private Equity AssociationDefence Research and Development CanadaExpenditure Management SystemFederal Economic Development Agency for Southern OntarioFederal Economic Development Agency for Northern OntarioDepartment of Finance Canadax

ContentsGDPGERDGOVERDHERDIACICICTIPIPRIRAPIRBIRICLSVCFMFPNRCNRCanNSERCOECDR&DRDAS&TSADISBICSBIRSDTCSMESR&EDSRCSSHRCSSTISTICTri-CouncilTSBUKUSVCWDgross domestic productgross domestic expenditure on research and developmentgovernment intramural expenditure on research and developmenthigher education expenditure on research and developmentproposed Innovation Advisory CommitteeIndustry Canadainformation and communication technologiesintellectual propertyintellectual property rightIndustrial Research Assistance ProgramIndustrial and Regional Benefitsproposed Industrial Research and Innovation Councillabour-sponsored venture capital fundmultifactor productivityNational Research Council CanadaNatural Resources CanadaNatural Sciences and Engineering Research CouncilOrganisation for Economic Co-operation and Developmentresearch and developmentregional development agencyscience and technologyStrategic Aerospace and Defence InitiativeSmall Business Investment Company program (US)Small Business Innovation and Research program (US)Sustainable Development Technology Canadasmall and medium-sized enterpriseScientific Research and Experimental Developmentproposed Science and Research CommitteeSocial Sciences and Humanities Research CouncilState Science & Technology InstituteScience, Technology and Innovation Councilthe three granting councils: NSERC, SSHRC and CIHRTechnology Strategy Board (UK)United KingdomUnited Statesventure capitalWestern Economic Diversification Canadaxi

<strong>Innovation</strong> <strong>Canada</strong>: A <strong>Call</strong> <strong>to</strong> <strong>Action</strong>List of Boxes2.1 Types of <strong>Innovation</strong> and Their Support by Government . . . . . . . . . . . . . . . . . . . . . . . . 2-22.2 Defining R&D . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-52.3 International Comparisons of R&D Spending . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-62.4 Where Do Businesses Get Their Ideas for <strong>Innovation</strong>? . . . . . . . . . . . . . . . . . . . . . . . . 2-133.1 Expenditure Reviewed by the Panel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-35.1 Operating Principles of the Proposed Industrial Researchand <strong>Innovation</strong> Council . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-116.1 Direct Support Versus Indirect Support . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6-36.2 Key Parameters of the SR&ED Tax Incentive Program. . . . . . . . . . . . . . . . . . . . . . . . . . 6-66.3 Stacking of R&D Support. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6-96.4 Claiming Overhead Expenses through the SR&ED Program . . . . . . . . . . . . . . . . . . . . 6-117.1 Use of Procurement <strong>to</strong> Support SME <strong>Innovation</strong>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7-37.2 Canadian <strong>Innovation</strong> Commercialization Program (CICP). . . . . . . . . . . . . . . . . . . . . . . 7-57.3 Germany’s Fraunhofer-Gesellschaft . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7-87.4 Institutes of the National Research Council within the Review . . . . . . . . . . . . . . . . . . 7-97.5 Sec<strong>to</strong>ral Research and <strong>Innovation</strong> Strategies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7-118.1 <strong>Innovation</strong> Policy Advisory Bodies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8-3List of AcronymsAAFCACOABDCBERDBICCCACCPCCED-QCICPCIHRCRACSACSLSCVCADRDCEMSFedDev ONFedNorFINAgriculture and Agri-Food <strong>Canada</strong>Atlantic <strong>Canada</strong> Opportunities AgencyBusiness Development Bank of <strong>Canada</strong>business expenditure on research and developmentproposed Business <strong>Innovation</strong> CommitteeCouncil of Canadian AcademiesCanadian-controlled private corporation<strong>Canada</strong> Economic Development for Quebec RegionsCanadian <strong>Innovation</strong> Commercialization ProgramCanadian Institutes of Health Research<strong>Canada</strong> Revenue AgencyCanadian Space AgencyCentre for the Study of Living Standards<strong>Canada</strong>’s Venture Capital & Private Equity AssociationDefence Research and Development <strong>Canada</strong>Expenditure Management SystemFederal Economic Development Agency for Southern OntarioFederal Economic Development Agency for Northern OntarioDepartment of Finance <strong>Canada</strong>x

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