Government Incentive Programs to Jumpstart Innovation in Canada

Much focus has been placed on government incentive programs because of the lagging indicators that show that Canada is falling behind in global innovation. Efforts have been placed on revamping the flagship Canadian programs such as Scientific Research and Experimental Development (SR&ED) and the Industrial Research Assistance Program (IRAP) to improve the commercialization of new technologies. IRAP and SR&ED tackle commercialization from two different perspectives.

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