Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

Prince Edward Island BioAlliance

Rory Francis

For a species that prides itself on prowess in language and communication, we humans never fail to amaze when it comes to our ability to use words and concepts in ways that create more confusion than clarity. Good words and solid con- cepts can lose their real meaning in the search for the new idea. Today’s words are “innovation” and “cluster.”

Not There Yet

Over the past two decades, we have begun to accept the notion that putting all our eco- nomic development eggs in the resource industry basket may not be in our best long- term interest.

We have also begun to develop a better sense of what is required to establish an effective innovation system, the environment for globally competitive science and technology-based enterprises to thrive in Canada. This has required collective learning on the part of businesses, investors, academic and research organizations, and government agencies to determine what matters, and to clarify roles and responsibilities.

To read the full, original article click on this link: Bio Business - July/August 2011

Author: Rory Francis