As the Canadian economy recovers from the devastation wrought by the COVID-19 pandemic and subsequent lockdown, Canada’s ability to return to normal quickly depends upon our ability to lead as innovators. Yet we also face a significant hurdle to achieving a full recovery – namely, Canada’s persistent lagging when it comes to innovation.

In MLI’s new report, titled “An Entrepreneurial Canada? Understanding Canada’s Chronic Lack of Innovation and How We Can Fix It,” Munk Senior Fellow Philip Cross makes the case that Canada’s failure to foster innovation comes down to a failure to embrace “creative destruction” – that is, the process of economic transformation whereby the old systems and structures of the economy are destroyed as new systems are introduced.

We have evaluated the impact of the Swedish Innovation Agency’s (Vinnova) innovation programs 2010-2012 with collaboration requirements on the turnover of smaller companies and the number of employees, during and after the program. The results show positive effects on the turnover of participating companies.

The authors of this working paper conclude that labor mobility is an important mechanism for the transfer of knowledge and ideas and that this process may result in productivity improvements in recipient firms.

India’s Artificial Intelligence (AI) moment is truly here and now. At a time when a diverse range of applications based on AI are being developed, pushing its frontier further into uncharted realms of business and society, Indian policymakers are contemplating and charting its potential for growth and social transformation. Our study attempts to understand the impacts of AI in India and trace the pathways that help realise it.