Canada’s innovation performance has slumped on most key measures over the past two years, according to a State of the Nation report issued this week by the country’s Science, Technology and Innovation Council.
Canada is now a mid-level player in the global innovation race, passed by rising powers China and South Korea in some categories and falling further behind long-time rivals such as the USA, Germany, Norway and Sweden.
“Data show that some Canadian industries are global leaders,” according to the report, titled State of the Nation 2010. “We are also fortunate to have a strong talent pool that could deliver on high ambitions. The challenge is to deploy talent well, invest in advanced technology, integrate innovation into corporate and country strategies and leverage our efforts to deliver prosperity for all Canadians,” it added.
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