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Innovation Canada: A Call to Action

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<strong>Innovation</strong> <strong>Canada</strong>: A <strong>Call</strong> <strong>to</strong> <strong>Action</strong>List of Boxes2.1 Types of <strong>Innovation</strong> and Their Support by Government . . . . . . . . . . . . . . . . . . . . . . . . 2-22.2 Defining R&D . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-52.3 International Comparisons of R&D Spending . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-62.4 Where Do Businesses Get Their Ideas for <strong>Innovation</strong>? . . . . . . . . . . . . . . . . . . . . . . . . 2-133.1 Expenditure Reviewed by the Panel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3-35.1 Operating Principles of the Proposed Industrial Researchand <strong>Innovation</strong> Council . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5-116.1 Direct Support Versus Indirect Support . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6-36.2 Key Parameters of the SR&ED Tax Incentive Program. . . . . . . . . . . . . . . . . . . . . . . . . . 6-66.3 Stacking of R&D Support. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6-96.4 Claiming Overhead Expenses through the SR&ED Program . . . . . . . . . . . . . . . . . . . . 6-117.1 Use of Procurement <strong>to</strong> Support SME <strong>Innovation</strong>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7-37.2 Canadian <strong>Innovation</strong> Commercialization Program (CICP). . . . . . . . . . . . . . . . . . . . . . . 7-57.3 Germany’s Fraunhofer-Gesellschaft . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7-87.4 Institutes of the National Research Council within the Review . . . . . . . . . . . . . . . . . . 7-97.5 Sec<strong>to</strong>ral Research and <strong>Innovation</strong> Strategies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7-118.1 <strong>Innovation</strong> Policy Advisory Bodies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8-3List of AcronymsAAFCACOABDCBERDBICCCACCPCCED-QCICPCIHRCRACSACSLSCVCADRDCEMSFedDev ONFedNorFINAgriculture and Agri-Food <strong>Canada</strong>Atlantic <strong>Canada</strong> Opportunities AgencyBusiness Development Bank of <strong>Canada</strong>business expenditure on research and developmentproposed Business <strong>Innovation</strong> CommitteeCouncil of Canadian AcademiesCanadian-controlled private corporation<strong>Canada</strong> Economic Development for Quebec RegionsCanadian <strong>Innovation</strong> Commercialization ProgramCanadian Institutes of Health Research<strong>Canada</strong> Revenue AgencyCanadian Space AgencyCentre for the Study of Living Standards<strong>Canada</strong>’s Venture Capital & Private Equity AssociationDefence Research and Development <strong>Canada</strong>Expenditure Management SystemFederal Economic Development Agency for Southern OntarioFederal Economic Development Agency for Northern OntarioDepartment of Finance <strong>Canada</strong>x

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