T
he current Canadian immigration selection system favours skilled immigrants. They are viewed as part of the solution to the problem of an aging population and shrinking workforce. But beyond this, immigrants are making Canada more innovative and that is a good thing according to a just-released report by the Conference Board of Canada, entitled “Immigrants as Innovators”. The report indicates that “innovation” is now the fundamental driver of output and productivity and it is critical for a country’s continued economic growth.
Lester Thurow, the eminent economist and former dean of the MIT Sloan School of Management believes that the world has fundamentally changed. According to Thurow, the “old foundations of success are gone. For all human history the source of success has been the control of natural resources—land, gold, oil. Suddenly, the key to success is ‘knowledge’” and in particular, the ability to exploit the value of knowledge. Simply put, innovative individuals use their knowledge and creativity to turn information and ideas into value. They have become the most important currency for industrialized countries and businesses. The report purports to evaluate the extent to which immigrants are contributing to innovation in Canada and concludes that they are making a positive difference.
To read the full, original article click on this link: Canadian Immigrants are Innovators - Canada Immigration Blog
