Canada Is Losing Its Patents Abroad

The video discusses Canada's challenges in R&D and innovation, highlighting the lack of large firms and insufficient IP generation. It suggests acting collectively like big companies and using patent funds to provide operational freedom. The impact of big tech firms and the importance of commercialization over mere R&D are emphasized. The video also addresses myths about IP protection slowing innovation and calls for a confederal innovation strategy to retain and commercialize Canadian ideas.

What is the fundamental issue that Canada faces in terms of competing with large companies in innovation?

How does the lack of big firms impact Canada's ability to commercialize good ideas?

What are some strategies mentioned for improving the patent ecosystem in Canada?

In what ways do foreign companies benefit from Canadian R&D efforts according to the text?

How can Canada ensure that its innovations are commercialized domestically rather than abroad?

What is the significance of generating more intellectual property (IP) for Canada?

What role does government purchasing power play in fostering growth in the tech industry?