Participate in Study on Effective Commercialization of Innovations: Goal is to create the environment for more effective practices,and programs leading to globally competitive commercializations of Canadian innovations
September 8, 2011
Canadian company executives are offered the opportunity of participating in the 2011 study on Commercialization with their own perspectives and ideas for a more effective commercialization environment in Canada. This study is meant to help Canadian industry and Government executives to develop better practices, policies and programs for ensuring Canadian competitiveness on the global stage.
Go to Commercialization Survey
and answer the survey questions to provide your personal contribution to a better understanding of what works and does not for Canadian companies in matters of commercialization and related support programs. Responding to the survey will also open the opportunity to participate in follow-on interviews and the regional round-table discussions planned to enable debates on the preliminary results of the study and the ensuing proposals for policies and programs conducive to higher commercialization performance by Canadian companies.
The fact that Canadian industry has been underperforming in terms of innovation and productivity by comparison with other developed countries is attracting a lot of attention from public and private organizations in Canada. Most of the discussions and analyses to date have addressed the issues of “innovation” and its relationship with various aspects of “research”. As a result, little is known about the actual practices of “commercialization” (broadly defined as the transfer of knowledge into money) necessary to reap the economic and social benefits of innovation developments.
The necessity of addressing the effectiveness of commercialization by Canadian industry – especially small and medium size enterprises – has been pointed out ever since the deflation of the advanced technology bubble around 2000-2002, when attention was drawn to the problems Canadian companies have in crossing the commercial chasm to market success . In parallel, there is a consensus that the extensive amount of investments in research taking place in Canadian universities and the drive for academic breakthrough innovations often fail to lead to tangible commercial successes for the Canadian economy.
Hence, the need for the comprehensive study of Canadian industry commercialization practices and the effectiveness of various support programs which is being conducted by the Canadian Advanced Technology Alliance in partnership with the University of Waterloo (UofW) and the University of Ontario Institute of Technology (UOIT), with funding support from the Business Development Bank of Canada (BDC), the Export Development Canada (EDC), the Ontario Ministry of Research and Innovation (MRI) and the Sustainable Chemistry Alliance (SCA) and in partnership with NRC-IRAP, NSERC, the Ontario Centres of Excellence (OCE), the Office of Small and Medium Enterprises of Public Works Canada (PWGSC- OSME), the Canadian Chamber of Commerce (CCC), the Conference Board of Canada (CBoC), ACCT Canada, Springboard West (SBW), the Centre of Excellence in Energy Efficiency (C3E), the Canadian Innovation Centre (CIC), the Canadian Manufacturers & Exporters (CME), BIOTECanada, the National Angel Capital Organization, the Research-Based Pharmaceutical Companies of Canada (Rx&D) associations, Interactive Ontario, the Alberta Council of Technologies (ABCTech), the BC Innovation Council (BCIC, the Canadian Manufacturing publications of the Business Information Group, and the Ideaction and FluidSurveys companies. The CATA Commercialization Portal
provides more information about this study.
The Commercialization Survey
will be available on-line until the 1st of October to enable executives returning from summer vacations to have their insights and ideas properly considered in the process of creating a more propitious environment for a globally competitive Canadian industry.
The largest high-tech association in Canada, CATAAlliance grows its members’ revenues by matching businesses with opportunities across almost every sector. Reaching out from and across Canada, CATAAlliance members collaborate with each other, major global companies and governments. As 80% of its members are active exporters, CATA’s members are the arrow-head for global growth. Through its “Innovation Nation” program, CATA’s CEOs come together to catalyze the development of the Canadian business environment. CATA is the foundation for commercialization, market research, networking, events, access to other associations, and professional development. We embrace collaboration and our goal is nothing less than to make Canada the Number One Innovation Nation
Canada's business development bank, BDC, puts entrepreneurs first. With almost 1,900 employees and more than 100 business centres across the country, BDC offers financing, subordinate financing, venture capital and consulting services to 29,000 small and medium sized companies. Their success is vital to Canada's economic prosperity. www.bdc.ca
Export Development Canada (EDC) is Canada's export credit agency, offering innovative financing, insurance and risk management solutions to help Canadian exporters and investors expand their international business. www.edc.ca
About Sustainable Chemistry Alliance
The Sustainable Chemistry Alliance(SCA) is the investment arm of the Bioindustrial Innovation Center in Sarnia, Ontario which is funded by the CECR program of the NCE, a federal program to support research to commercialization. SCA is focused on investing in green and sustainable technologies that are in pilot phase and ready for demonstration of their technology. www.suschemalliance.ca
About Ontario Centres of Excellence
Ontario Centres of Excellence (OCE) Inc. drives the commercialization of cutting-edge research across key market sectors to build the economy of tomorrow and secure Ontario’s global competitiveness. A champion of leading-edge technologies, best practices and research, Ontario Centres of Excellence invests in sectors such as advanced health, digital media and information communications, advanced manufacturing and materials, and cleantech including energy, environment and water. OCE through its Centre for Commercialization of Research (CCR), an initiative supported by the federal government, also acts as a catalyst which allows innovative businesses to grow and achieve sustainable commercial success and global competitiveness. Ontario Centres of Excellence is a key partner in delivering Ontario’s Innovation Agenda as a member of the province’s Ontario Network of Excellence (ONE). Funded by the Government of Ontario, the ONE is Ontario’s innovation system. The ONE is made up of regional and sector focused organizations designed to help Ontario-based entrepreneurs rapidly grow their companies, and create jobs. For more information visit oneinnovation.ca
C3E is a Centre of Excellence that supports the commercialization of Canadian technological innovations with respect to energy efficiency and renewable energy sources. They thoroughly analyse the company’s potential in regards to Business Model Innovation, Technico-Managerial Entrepreneurial Culture and Carbon Value. Therefore, in addition to the pre-seed financing phase, a crucial step towards commercial success, the C3E helps entrepreneurs with their future investment rounds, provides them with access to a network of decision makers and conveys business maturity. www.ceee.ca
About Canadian Chamber of Commerce
The Canadian Chamber of Commerce is the vital connection between business and the federal government. It helps shape public policy and decision-making to the benefit of businesses, communities and families across Canada with a network of over 420 chambers of commerce and boards of trade, representing 192,000 businesses of all sizes in all sectors of the economy and in all regions. Follow us on Twitter @CdnChamberofCom
ACCT Canada (Alliance for Commercialization of Canadian Technologies) is Canada’s pre-eminent membership based organization addressing all matters related to the interface of academic research-industry engagement and research discovery mobilization. ACCT Canada provides a unique nation-wide platform for all proponents in the Canadian innovation ecosystem to collaborate for the purpose of better mobilizing, transferring, translating and diffusing newly discovered knowledge and inventions resulting from both academic Science & Technology (S&T) and private sector Research and Development (R&D) investments. www.acctcanada.ca
Rx&D is the association of leading research-based pharmaceutical companies dedicated to improving the health of all Canadians through the discovery and development of new medicines and vaccines. Our community represents over 15,000 men and women working for 50 member companies and is responsible for generating 60,000 jobs across Canada. Our member companies come in all sizes and fund 27% of all health science research and development in Canada. Rx&D’s mission is to advocate for policies that will bring the best innovative medicines and vaccines to Canadians in a timely and appropriate manner; improve Canada's global competitiveness; and make Canada a world leader in attracting pharmaceutical and biotechnology investments, which are key components of the knowledge-based economy.
Canadian Manufacturers & Exporters (CME) is Canada’s leading trade and industry association, and the voice of manufacturing and global business in Canada. The association represents more than 10,000 leading companies nationwide. More than 85 per cent of CME’s members are small and medium-sized enterprises. As Canada’s leading business network, CME, through various initiatives including the establishment of the Canadian Manufacturing Coalition, touches more than 100,000 companies from coast to coast, engaged in manufacturing, global business and service-related industries. CME’s membership network accounts for an estimated 82 per cent of Canadian manufacturing production and 90 per cent of all exports.
About Canadian Innovation Centre
For 35 years the Canadian Innovation Centre (CIC) has helped innovators, and entrepreneurs transform their ideas into market successes, developed industry best practices and fostered the development of innovation in regions and enterprises of all sizes. The CIC undertakes market validation studies, and innovation assessments as well as a range of on line and in person training programs. The CIC has a tool box to help guide the innovation and entrepreneurial process, including Inno-Gate and the Critical Factor Assessment. www.innovationcentre.ca
About Alberta Council of Technologies
The Alberta Council of Technologies (ABCtech) advocates on behalf of Alberta’s technology-based enterprises, entrepreneurs, and industries for the creation of wealth from technologies in Alberta. ABCtech promotes cross-discipline and cross-industry dialogue on emerging technologies and their impact on us, the global citizen. Through a series of carefully constructed public events, we create unique opportunities for collaboration amongst stakeholders who may not otherwise interact. Learn more and join our nearly 9000 newsletter subscribers at www.abctech.ca
About Canadian Manufacturing.com and BIG
CanadianManufacturing.com is one of Canada's top sources of daily industrial, trade and business information. It delivers breaking news to manufacturers and suppliers across Canada, helping them run their businesses more efficiently and tap into new revenue opportunities. CanadianManufacturing.com is also the online hub for specialized business magazines including Canadian Plant, Design Engineering, Food in Canada, Canadian Packaging, MM&D, Canadian Metalworking and Purchasingb2b. CanadianManufacturing.com and its affiliated print publications are part of the Business Information Group (BIG),
Canada’s largest publisher of trade magazines and directories. www.businessinformationgroup.ca
About Interactive Ontario (IO)
IO is a not-for-profit industry trade organization representing more than 300 interactive digital media companies covering a range of sectors including: e-Learning, video/online games, mobile, television, and social media. IO is committed to the growth of the Ontario interactive digital media industry. To this end IO is an industry advocate within Ontario and nationally as a founding member of the Canadian Interactive Alliance /Alliance interactive Canadienne (CIAIC.)