Innovation is the puzzle at the heart of the knowledge economy. Unlock its secrets, and innovation will drive productivity and, in time, standards of living. Yet it remains a conundrum for many small open economies.
In Canada, productivity has been stubbornly flat: in 2015, it stood almost exactly where it was 30 years earlier in 1985 — leading to a preoccupation with policies that stimulate innovation. Canada has been disappointing: in 2015, it stood almost exactly where it was 30 years earlier in 1985.
In this video, CIGI President Rohinton P. Medhora discusses a series of essays that marshall new thinking on innovation, and bring together a community of scholars and practitioners who offer fresh approaches for Canada and for the global economic cooperation system.