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It's no secret that the job market for youth graduating from post-secondary education is competitive and challenging, with youth unemployment rates being twice the national average in Canada. A combination of both education and experience can be the ticket to an initial interview, however, youth are often faced with the 'no experience, no work; no work, no experience' dilemma.
Today I am announcing the launch of the Walter Scott Centre, a Saskatchewan focused think tank named after our first premier.
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While the concept of creating corporate incubators is sound, the numerous attempts at implementation have been beset by a number of issues, including lacklustre results. With so many of today's corporate incubators having significant problems creating positive results, what can be done to address these issues?
In 2013, the United States Patent and Trademark Office granted more than 270,000 patents, often to the same organizations. The USPTO awarded 76,850 patents to the top 50 companies alone. IBM received...
As innovation moves to the forefront of corporate agendas, corporations are attempting to capture the competitive advantages that result from innovation. While many believe that innovation can be captured with existing organizational processes, these are actually a severe impediment to innovation.
Council is a slow grind even on a fast day. If they could slide it into second gear, we'd begrudgingly forgive the Culture of One Gear (bureaucracy) that has entrenched itself at city hall. It's a lot like peer pressure at school.
If the Toronto-K-W region is ever to fully reach its potential as a technology supercluster, functioning fluidly as a single, contiguous innovation sector, the ability to move human capital between the two nodes is essential, be it employees, investors or entrepreneurs.
Incremental innovation has a real positive impact for patients -- it brings to bear the latest scientific thinking to improve safety, tolerability, efficacy and quality of medicines. Would we have ever realized the iPhone 5 if not for the hundreds of versions before it, as far back as the first cell phones in the 1980s? Like medicines and vaccines, each new version demonstrates incremental innovation -- tangible improvements that matter to people.
I've got a lot of energy. Be it at work or at home, I don't like to miss a beat.
It's this energy that fuels my passion for research and helps keep the pedals spinning on my bike during the commute to work.
Not enough young people believe they can change the world on a global scale. The problem is a mindset problem, and one I believe is more dire than some might think. Too many young entrepreneurs think they're rock stars by launching another social network, or naming themselves the CEO of the world's 498th messaging app. Honestly, they're probably wasting their time.
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Development of an HIV/AIDS vaccine is still a dream for the future. We have a Canadian strategy that's proven that it can act now to decrease transmission and lower the number of new cases -- a strategy that provides a real opportunity to end the HIV pandemic in our lifetime.
Kitchener-Waterloo is already well established as a bastion of innovation. It's already actively adding places where people will want to live, work and play -- the three elements that define a cluster in a place of innovation. Toronto, on the other hand, has yet to truly establish a centralized, cohesive community where technological innovation can flourish.
Over the past number of months, many have asked me what the "power of N" means. The phrase is very simple, yet it has many different layers of meaning and understanding. N is a variable. In mathematic...
Much is being made these days of the need for children to put down the tablets, remotes and other tech devices and get outside and play. Medical experts and media pundits are keying on health issues, such as childhood obesity and diabetes, as the key driver for increased play. And they are correct; but there are other important reasons: future jobs and economic growth.
Within our team we spend a lot of time talking about the concept of the 'willing innovator'. At a time where practically every industry needs software, it helps us think about the people we want to partner with -- those who align with our culture and view of the world. To us, this isn't necessarily about having been innovative in the past.
One story that Shapiro shared was of the challenges facing Houston Airport, where luggage would be available within eight minutes but passengers were at the luggage carousel within one minute and disgruntled about having to wait. The answer: airport staff created a longer path to collect luggage which took eight minutes, so luggage and passengers arrived at the same time.
I look forward to a day when there won't be a difference between business and social business, it will just be what we all do. And it is time for organizations to step up and take the necessary risks associated with adopting shared value. Not just because it is the right thing to do, but also because of the economic and competitive advantage we all stand to win.
Rarely, if ever, do we think of farms when we think of small business. But small businesses dot the vast country side as well. While more and more Canadians are living in cities, the farm and agri-food sectors remain economically important. Farms employ 2.1 million people, representing one in every eight Canadian job.
To be labeled an iconoclast, and then, to believe it, is delusional. Labels such as "genius" are just that. It is statistically certain that the vast majority of people who have been labeled geniuses, savants, prodigies or iconoclasts -- if they believe it -- are fools.
Arguably the most important threat facing the world right now is human-caused global warming. Common sense dictates that this issue be identified and addressed, but the technocrats' obsession with an economic plan is divorced from the reality of increasing planetary disasters.
Smartphone maker BlackBerry is on the ropes and we all know it. Amid the financial turmoil of this once Canadian icon, there was news that the humble VW Camper, itself an iconic brand, is set to be retired at the end of this year.
The financial press in Canada has been identifying our deficient economic productivity for several years now. In 2012, the Financial Post ran a column entitled "Canada's productivity gap is looking worse than ever. There may be opportunities to influence our growing debt problems in the country through programs comparable to those used to stimulate our economy's productivity. If tax credits and other incentive programs can be formulated to help stimulate our productivity gap, are there similar policies that could find ways to help those looking to start their own business, create jobs and directly impact the economy and productivity?
If you need to build connections from scratch, be fearless. Pick up the phone. Write the letter or email. At conferences and social events, approach people and be approachable. Be clear about your value proposition and needs. Ask how you may help them, and ask for support. What's the worst that can happen? They politely decline.
The Company of Young Professionals (CYP) is a leadership development program of The Vancouver Board of Trade, which connects emerging young professionals in the Greater Vancouver area. CYP members are...
The use of some remarkable automated milking systems, which allow cows to choose themselves when to be milked and keep information about each cow's production, has gone up steadily in popularity since they were first introduced in Canada nearly 15 years ago. The growing prevalence of robotic milkers on farms across the country is a sign of encouraging times.
In Canada, we like to play it safe and for the most part, it's paid off. Tight regulations and the centralization of banking powers helped us weather the economic storm of 2008. But we're a different Canada now. Canada's potential is remarkable, we need to believe in that potential and invest in its development before looking elsewhere for inspiration. It's all right here.
Marc-André Gagnon, assistant professor at Carleton University, argues in a recent article that more than 80 per cent of new drugs entering the market are merely carbon copies of existing drugs -- commonly called "me-too" or "follow-on" drugs -- without any real therapeutic advance. Such criticisms, however, reveal a complete ignorance of the nature of the innovation process in the pharmaceutical industry.
Seven in ten Canadians with a smartphone, tablet or computer surf those devices while watching television, says a new survey from Rogers Communications. It’s further evidence of a multi-tasking genera...
I'm enthusiastic about the bright future that is ahead if we can continue to foster and encourage governments, business leaders and young students to look beyond the limits to make the impossible, possible. I find myself wondering what it will take to win in this Third Industrial Revolution, and I keep coming back to our youth, these students whose brilliant minds know no limits. Are we doing enough to encourage and inspire them? Are we finding the right venues to foster innovation and commercialization of the best ideas in Canada, or will we retain our role as an exporter of raw goods, rather than an information economy of the future?
While it took a few years after the financial crisis for financial services start-ups to get their business models refined to the point where they can come to market they are here now, and these alternative financial services technology companies are becoming viable and increasingly common sources of financing for entrepreneurs and small businesses.
The Innovation Hub recently held the a conference featuring great speakers, panel conversations, and networking opportunities. The knowledge exchange was valuable, but it was shining the spotlight on the current cohort of companies calling the Hub home that proved to be the real highlight.
I am not making a case that change is bad, but I am saying that for change to work, that is, for it to be sustainable, it needs to become a habit. And it feels like the only habit that we know right now is how to change. Not how to sustain it.