February 24, 2013 at 7:34 am Leave a comment

INNOVATION ECONOMICSAccording to a new book, the United States’ decline in the race for global innovation advantage stems from a complacent and politically polarized America. Unless changes are made the US is fated for a slow, painful decline

In INNOVATION ECONOMICS: The Race for Global Advantage (Yale University Press; September 2012; hardcover), Robert D. Atkinson and Stephen J. Ezell, president and senior analyst, respectively, of the Information Technology and Innovation Foundation, explain that economic growth hinges on the ability to create new products, services, processes, or ways of doing business. The argue that while the U.S. has allowed manufacturing sector to decline rapidly, shifted R&D overseas, and squandered its resources on speculation, other nations have made the investments in innovation a priority.

But what about Canada? We are encouraged by the recent media coverage of this story:

Armed with new cash, Ontario Cancer Institute to poach top researchers

With millions coming from fundraising campaign, Toronto’s Ontario Cancer Institute making bid to become best in world by hiring top international researchers.
Click here for more.
The question we have for readers of the Canadian Biotechnologist2.0  blog:
Are we facing the same reality in the Canada in the biotechnology sector? 

Entry filed under: Biotechnology News.

Who said molecular biologists don’t have a sense of humour? Challenges to Innovate in the Canadian Biotech Industry

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