Fostering an entrepreneurial mindset to support science innovation: Opinion

Canada should invest more into science innovation to improve its position as an innovator among similarly developed countries, writes Simon Fraser University Professor Elicia Maine. Maine argues that inventions should be converted into patents, products, or ventures at a far higher rate rather than being left to languish in research labs. In order to support slower-developing innovations, the author writes that Canada should foster an entrepreneurial mindset in scientists and should implement a build-for-scale strategy that includes flexible funding, skills training, post-doctoral stipends, intellectual property protection, and more. Maine argues that ventures created by scientists can be scaled by university accelerators, and will benefit both the current economy and Canada’s preparations for future global crises. The Conversation Note: Archived stories may contain dead links or be missing source links.