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Next issue: December 3, 2001
ANNOUNCEMENTS [Table of Contents]
A consortium of four universities - Queen's University, the Royal Military College of Canada, the University of Ottawa and Carleton University - has unveiled the new High Performance Computing Virtual Laboratory (HPCVL), a showcase of leading-edge high performance computing technology. According to Executive Director Dr. Ken Edgecombe, “HPCVL provides researchers with an enormously powerful and secure virtual research environment," and will enable “geographically dispersed researchers in fields as diverse as engineering, medicine, science, and the arts to tackle large and complex problems they could not before." Supporters of the initiative include Sun Microsystems and the federal and Ontario provincial governments who have underwritten HPCVL with $17.5 million in grants. [www.kingstoncanada.com]
Atlantic innovation fund generates $1.5 billion in proposals
The
first Request for Project Proposals under the $300 million Atlantic
Innovation Fund has generated an overwhelming response from the region’s research
institutions and business community. The Honourable Robert G. Thibault,
Minister of State for the Atlantic Canada Opportunities Agency (ACOA),
confirmed that the Agency has received 195 proposals seeking a total of $810
million toward total project costs of $1.5 billion. Of the submitted
proposals, 120 are from non-commercial institutions or organizations seeking
a total of $587 million in funding, and 75 are from commercial enterprises
requesting a total of $223 million in funding.
Final results of an economic impact study released by the National Venture Capital Association (NVCA) reveals that venture capital invested between 1970 and 2000 created 7.6 million U.S. jobs and more than $1.3 trillion in revenue as of the end of 2000. The research, conducted by DRI-WEFA, formerly Wharton Econometrics, and commissioned by the NVCA, shows that $273.3 billion of venture capital created companies that were responsible for 5.9% of the nation's jobs and 13.1% of the U.S. Gross Domestic Product in 2000. Venture investment led to job and revenue creation most frequently in the computer, consumer, and medical health sectors industry sectors followed by the communications, industrial energy, electronics and biotech.
EDITOR'S PICK [Table of Contents]
The October 2001 issue of the Innovation Analysis Bulletin, published by Statistics Canada, is once again replete with analysis on several relevant and interesting topics. Contents include: ‘Adapt/adopt: skill shortages and advanced technologies’, ‘Interpreting innovation indicators’, ‘Survey of knowledge management practices’, ‘The cable industry - an industry in transition’, ‘Use of biotechnologies by Canadian biotechnology firms’, and ‘Canadian biotech firms: extent of networking activities and commercialization obstacles’.
INNOVATION & RELATED POLICY [Table of Contents]
R&D Propensity and Productivity Performance of Foreign-Controlled Firms in Canada
J. Tang and S. Rao, Industry Canada
Using firm-level data, this paper examines the R&D propensity of Canadian-controlled and foreign-controlled firms in Canada. The empirical results suggest that foreign-controlled firms in Canada, after accounting for other factors, spend significantly less on R&D than Canadian-controlled firms. But, foreign-controlled firms increased their R&D propensity at the same pace as Canadian-controlled firms during the 1985-94 period. In the two groups of firms, R&D propensity is higher in high-technology and export-oriented firms, and lower in large and medium-size firms. In addition, the paper shows that foreign-controlled firms are actively adopting advanced technology (including other intangible assets) from their parents. This may explain why foreign-controlled firms are more productive than Canadian-controlled firms.
Building a New Foundation for Innovation: Results of a Workshop for the National Science Foundation
This report summarizes the results of the National Science Foundation’s workshop, Partnerships: Building a New Foundation for Innovation, held June 18-19, 2001 in Arlington, Virginia. Most of the workshop discussions focused on the steps involved in establishing partnerships that can bring an innovation into the commercial world. The commercial link was in many respects viewed as the most critical link. The main challenge was considered as simply identifying potential strategic partners. The workshop also addressed the sorts of infrastructure that can sustain and nurture the spread of innovative activity over the long-term.
Innovation and Technology Transfer
Here is the September issue of Innovation and Technology Transfer, a publication by the European Commission that includes articles, policy reviews and case studies pertaining to European industry and research. Topics of articles include the coordination of cancer research in the EU, analysis on the EU’s new copyright directive, and new a financing agreement between the European Commission and the European Investment Bank (EIB) that will open the way for active cooperation for complementary funding of research and innovation.
Flash Eurobarometer: Innovation - experience and priorities of European managers
Here are the results of a European survey of some 3000 managers whose objective was to sound out their opinions on the role of European integration in facilitating the access to advanced technologies, the mobilization of human resources, the protection and sharing of knowledge, access to funding for innovations, and customer acceptance of innovations. Among the findings are that innovation is widespread but developing slowly. For business leaders, the competitive advantage of being the first to the market with new products and services ensures a far better protection of intellectual property rights and know-how than do legal tools and procedures. To access new technologies, the survey found that business leaders rely firstly on the purchase of new equipment, and then count on active collaboration with their customers and suppliers.
The Location of Higher Value-Added Activities
S. Globerman, Western Washington University
This paper seeks to identify and assess the implications of industrial clustering for the future location of technology- or knowledge-intensive activities in North America. A related purpose is to identify and discuss potential initiatives that might be pursued in Canada to blunt or reverse the advantages that specific regions in the United States enjoy as a consequence of hosting already established clusters of innovative firms and skilled and entrepreneurial individuals. The paper concludes with the argument that governments should focus less on industrial policy, whereby they target "desirable" industries or "national champions," and instead encourage clusters by promoting conditions within regions that contribute to the realization of external economies.
New Growth Theory, Technology and Learning: A Practitioner’s Guide
J. Cortright, on behalf of U.S Economic Development Administration
Targeted towards economic development practitioners, this paper provides a very good overview of recent developments in economic thinking on growth theory, emphasizing the importance of institutions, history and place in understanding economic growth. The paper concludes with a section on lessons for economic development policy.
‘Brain Drain’ in Wisconsin and Michigan
Here are two papers that look at the migration of talent in two U.S. states. ‘Draining Away - Who Is Leaving The State? Where Are They Going? by J. Brannon, and M. Mcgee looks at Wisconsin and Attracting & Retaining The Best Talent To Michigan by The Michigan Economic Development Corporation, looks at college migration patterns at Michigan public universities.
STATISTICS [Table of Contents]
E-commerce: Household shopping on the Internet
Canadians more than doubled their purchases of goods and services on-line from home in 2000, according to the second annual snapshot of household electronic commerce activity from the Household Internet Use Survey. From January to December 2000, an estimated 1.5 million households placed 9.1 million orders over the Internet, spending an estimated $1.1 billion. Ontario households accounted for almost one-half of purchases.
EVENTS [Table of Contents]
2001 Innovation Conference: Investing In Innovation
Montreal, 19-20 November, 2001
This Conference Board of Canada event focuses on the critical necessity to increase investment for innovation, presenting helpful tools and lessons learned from practitioners, and discussing what it means for the country, organizations and individuals. The conference will help executives, managers and entrepreneurs in any organization to create the kind of culture that encourages the constant effort to find and invest in new answers, new ideas and new products. Stakeholders for this event include the business community, the financial community, the education system and all levels of government.
Knowledge Management for R&D Organisations
Surajkund, (India) 19-23 November 2001
Organized by the National Institute of Science Technology and Development
Studies, this ‘orientation program’ for managers of science and technology
focuses on how to revitalize the organizational arrangements for generation
and application of knowledge for enhancement of competitive advantage. The program has been designed
borrowing heavily from the global study, 'Benchmarking the best practices for
strengthening the capabilities of Research and Technology Organisations', a
study has been coordinated by WAITRO with financial support from IDRC Canada,
and DANIDA, Denmark.
Building Canada's National Innovation Infrastructure
Toronto, 27-29 November, 2001
CANARIE's 7th Annual Advanced Networks Workshop will explore how community
broadband networks, provincial networking initiatives and next generation
optical networks, like the
proposed
5th Annual 'European Network on Industrial Policy' (EUNIP) Conference
Vienna, 29 November – 1 December, 2001
This EUNIP Conference will focus on the cutting edge topics in industrial and structural policy, including policies promoting growth, competitiveness and employment. Topics include industrial economics and policy, innovation policy and theory and, regulatory issues in network industries. A special session will focus on industrial policy in a knowledge-based economy.
Creating and Applying Vision in the Regions: Towards Agile and Networked Regions through Foresight
Dublin, 13 December 2001
This EC Conference focuses on regional foresight and seeks to explain how such activities may help regional policies achieve their major objectives (e.g. improvement of competitiveness, job creation, sustainable development). It will examine what good practice is in Foresight, and will unveil a practical guide for regional foresight developed through the FOREN initiative. FOREN is an EC-supported network, under the STRATA program, which has brought researchers and policymakers together to share experiences in regional foresight and to learn from each other. The conference will also showcase keynote speeches and in-depth presentations by leading figures in regional futures thinking and action.
Regional Governance in an Age of Globalization
Stuttgart, Germany, 8-9 March, 2002
This conference aims to examine and advance theories and practices in understanding regional governance in an age of globalization. The focus will be on globalization and its impact on subnational governments around the world with a particular interest in the intersection of the international with the local and regional and how this phenomenon is affecting the development of international and transnational relations on the one hand, and governance internationally, nationally, and subnationally on the other. The influence of unprecedented technological change on globalization and governance is also of interest to the conference organizers.
Rethinking Science Policy: Analytical Frameworks for Evidence-based Policy
Brighton, 21-23 March, 2002
This conference focuses on new
models for science policy, exploring the European context where traditional
foundations for science policy have been increasingly questioned during the last
few decades of science policy research as policymakers search for new methods
of harnessing scientific investigation. Twenty-six new papers, including eight invited papers by leading
authorities in the field of science policy, will be presented. Final date for acceptance of
abstracts November 1, 2001.
Raleigh, (North Carolina), 6-8 June, 2002
In an effort to establish a critical dialogue on the social and ethical dimensions of ICT, ISTAS'02 will bring together ICT professionals, computer science and engineering educators, scholars in the humanities and social sciences, students and policymakers to discuss several important and topical themes. These include electronic publishing, ICT and democratic processes, intellectual property rights in the digital era, social implications of wireless technology and gender issues in ICT. Among the plenary session speakers will be Dr. Lucy Suchman from the Department of Sociology, Lancaster University. Proposal deadline for sessions, panels, or individual papers is December 13, 2001.
WILL YOU BE ONE OF OUR REGIONAL REPORTERS? [Table of Contents]
Yes, you! In an effort to improve our coverage of Ontario's regional economies in this newsletter, we are looking for a few people who are 'plugged in' to the latest local economic development and innovation happenings in their regions. All we ask is that you send us a short message once a month highlighting recent news and research initiatives from your region - please forward items that you would like to share with newsletter recipients, as well as other items of interest, to: onris.progris@utoronto.ca.
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This newsletter is prepared by Tijs Creutzberg.
Project manager is David A. Wolfe.