Technology impacts every aspect of our lives — from communication, manufacturing and transportation to health, housing, agriculture and the environment — and technological innovation is vital for Canadian businesses that want to succeed. Remaining competitive in the global economy means developing new ideas and revolutionary technology, but doing so can be challenging.
Canada generates over four percent of global knowledge, despite accounting for just 0.5 percent of the world’s population.
Building research teams, accessing top talent pools and having the human resources infrastructure to manage recruitment can be costly and time-consuming, creating obstacles and delays on the road to success. And research and development (R&D) requires companies to be nimble, able to respond quickly to the rapidly evolving and ever-changing business landscape.