If the late 20th Century economy was marked by an explosion in goods trade following the elimination of barriers, both real and imagined, between East and West, then the early 21st Century could well be positioned to give rise to … Read More.
While money can’t solve all of our economic and innovation-related problems, the figure below, from a Canadian Parliamentary Standing Committee on Finance report, highlights a rather interesting, if not concerning, trend. In particular, aggregate government spending on science and technology … Read More.
A few years ago debate about the impact of sovereign wealth funds was all the rage in foreign- and economic-policy circles. We were warned that these funds were anti-competitive and market distorting, that they would create a protectionist backlash, and that they … Read More.
Ontario’s recent Fall Economic Statement delivered by Finance Minister Charles Sousa includes two proposed research and development (R&D) incentives meant to convince firms to invest idle cash into research and technology. In so doing, Sousa is trying to boost business … Read More.