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In its latest report card for Canada, the Organisation for Economic Cooperation and Development (OECD), noted Canada’s inability to bridge its stubborn commercialization gap. The extensive document noted there has been a visible shift in government policy away from funding core operating activities and toward sponsored research.

Research, of course, is necessary to generate innovation. However, little of Canada’s research ever reaches the commercial market. The trouble, says the OECD, is that there is a lack of alignment between the research being performed at the academic level and the needs and demands of industry. As such, the international body recommends providing greater incentives to academics to ensure their research is “relevant to business needs,” including an offer of some form of ownership over the final, commercialized product.

To read the full, original article click on this link: Is Canadian research passing the commercial viability test? | Best Managed | Financial Post