Canada faces big problems with IP including national security risks: Parliamentary report

Mark Lowey
January 3, 2024

Canada’s problems with managing its intellectual property include national security risks, the high cost of IP, and lack of commercial development in key sectors, according to a Parliamentary report.

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Organizations: Advisory Panel on the Federal Research Support System, Aligo Innovation, Axelys, Business Council of Canada, Canada Innovation Corporation, Canadian Venture Capital and Private Equity Association, Colleges and Institutes Canada (CICan), Council of Canadian Innovators, Dalhousie University, Franhofer Institute, Government of Canada, Government of Quebec, Huawei, Innovation Asset Collective, Invest in Canada, Mouvement des accélérateurs d’innovation du Québec, National Research Council, Nokia, Organisation for Economic Co-operation and Development, Standing Committee on Science and Research, Synchronex, Tesla, Tri-Council funding agencies, University of British Columbia, University of Calgary, and University of Waterloo
People: Anne-Marie Larose, Jeffrey Taylor, Jim Balsillie, Jim Hinton, Karim Sallaudin Karim, Kim Furlong, Mike McLean, Robert Asselin, and Todd Bailey
Topics: "Bouchard" report, barriers to commercial development of university research, better protecting Canadian IP under Investment Canada Act, Canada's National Quantum Strategy, Canada's policies on foreign direct investment, Canada's problems with managing and protecting intellectual property, Canadian university IP going to foreign companies, CICan's partnership program between colleges and businesses, corporate R&D funding in Canada, cost of filing patents, decline in patent applications in Canada, federal procurement to support IP, fragmentation of post-secondary technology transfer offices, high cost of acquiring and protecting IP, intangible assets in Canada's economy, Investment Canada Act, IP education and training, lack of commercial development in key Canadian sectors, low levels of venture capital in Canada, National Research Advisory Committee for Colleges and Institutes Canada, National Security Guidelines for Research Partnerships, need for greater IP expertise in Canada, need to increase funding of IP programs, NRC's Industrial Research Assistance Program, Pan-Canadian Artificial Intelligence Strategy, proportion of GDP spent on R&D in Canada, Quebec Research and Innovation Strategy (SQRI), Quebec's support of IP and commercialization, R&D by Canada's post-secondary institutions, Sidewalk Toronto project, sovereign patent funds, Strategic Innovation Fund, Tri-council funding to universities vs. colleges, university patents transferred to Huawei, and use of patent boxes to encourage IP acquisition

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