A new study by the Impact Centre at the University of Toronto suggests that Canada doesn’t have a problem securing patents for its inventions; it has a problem of commercializing them.
The study, Canada’s Patent Puzzle, looked at economic, patenting, and company data from several sources, including Organisation for Economic Co-operation and Development’s (OECD) Gross Domestic Product and Triadic Patent Families data, Forbes’ Global 2000 List, and Research Infosource’s list of the top 100 R&D spenders in Canada.