1. Special Meeting of the Innovative Canadian Enterprises Advisory Committee June 10, Karna Gupta President and CEO, ITAC

2. Innovation – a definition
Innovation: the process through which economic and social value is extracted from knowledge through the generation, development, and implementation of ideas to produce new or improved strategies, capabilities, products, services, or processes.

3. Innovation can come from Large and Small companies
Fostering innovation
All Public sector procurement policy has a critical role to play to support innovation – it is the cornerstone of sustainable productivity improvement
It creates multiplier value in the economy
It is inherently scalable
It is repeatable
Innovation can come from Large and Small companies

4. What is the outcome we want?
Find ways to fund (through Public Private Partnerships or through public funds alone) capacity for innovation – e.g. Centre of Excellence
Use procurement model as a strategic tool to show-case innovation in delivery of services to Canadians
Create conditions that promotes adoption of technology which drives innovation which in turn improves productivity

5. Ideas that may fit within SSC mandate
Build awareness & culture of innovation within SSC
Create conditions under which innovative solutions demonstrate public good
Secure the internal mandate to procure
Engage private sector in ongoing discussions on issues and opportunities
For our members it will be important to understand what policy and executional tools are available to SSC to support & foster innovation