September 12, 2011

Vancouver Technology Network: Discussion: Study on Effective Commercialization of Innovations: Join the Conversation Today


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Group: Vancouver Technology Network
Discussion: Study on Effective Commercialization of Innovations: Help create the environment for more effective practices,and programs leading to globally competitive commercializations of Canadian innovations 

I have completed the survey and would encourage others to do so. Canadian innovators need every bit of help possible if we want to broaden the base of the Canadian technology industry. One thing that could help would be if we could get programs in Canada such as the SBIR programs used in the US. This would help encourage the creation of business spin-offs from our universities, and create jobs for the entrepreneurial PhD and Master's students who aren't interested in academic careers. When looking for investment from US VCs, one of their most common questions to me was regarding the number of SBIRs we had successfully competed for and I always had to say, “Sorry, we don't have SBIRs in Canada”. This is a great opportunity to let the government know that Canada needs an equivalent program, so please suggest it if you are completing this survey.

Posted by Nick MacKinnon

Thanks Nick.

Yes, one of the objectives of the study is to come with proposals on how to make the commercialization environment more effective.
Programs like SBIR are quite effective in US and similar programs could bring significnat value to Canadian companies as well.

Actually, there is a beginning - the Canadian Innovation Commercialization Program (CICP) which can be accessed at: https://buyandsell.gc.ca/initiatives-and-programs/canadian-innovation-commercialization-program

There is a tentative to organize a Commercialization study round-table discussion in Vancouver in October and, if it takes place, it would be a good occasion to debate some of the ideas for enhancing Canadian companies' competitiveness in the global markets.

Posted by Sorin Cohn-Sfetcu

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