Pushing the Envelope: Policy Initiatives in Support of Business Innovation Introductory slides for the panel discussion at the 10 th Re$earch Money Conference.

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Presentation transcript:

Pushing the Envelope: Policy Initiatives in Support of Business Innovation Introductory slides for the panel discussion at the 10 th Re$earch Money Conference Ottawa Copyright © May 2011 Tom Brzustowski RBC Professor Telfer School of Management University of Ottawa

smart public policy, effective institutions National System of Innovation more investment in education, research and public science better incentives for the private sector more innovation and wealth creation by business Greater GDP and national prosperity better quality of life for more people The national system of innovation - the hopeful view

The national system of innovation - a more realistic view gover nmen t economy GDP policies programs regulations the rest of the world world economic conditions policies of trading partners export opportunities import opportunities companies with individual innovation strategies making decisions in their own best interest people and skills culture national institutions cost structures national characteristics natural resources new market and outsourcing opportunities market characteristics

research-based innovation new venture research-based innovation established firm design-based innovation new venture established firm The Four Domains of Innovation design-based innovation

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