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Canada needs new paradigm for research and innovation by Ron (CEO of Research Infosource Inc.)

Forget the apocalyptic statements about "deep cuts" to publicly funded research that fuelled headlines across Canada this past spring. In fact, university and hospital research funding rose last year by 5.2 per cent, to $6.1 billion, maintaining 10 years of solid growth.

Those doom and gloom warnings mask a deeper malaise over the future of research in this country. The larger problem is that policy leaders have run out of new ideas about how to tap the creative potential of the country's universities, colleges, research hospitals and, most important, companies.