Innovate Now or Suffer Later

Getting off the Local lounge chair to sit at the Global dinner table

In a recent study, Canada dropped two places in global competitiveness in 2011, trailing behind the United States, Singapore and many European countries.

A recent article in Business in Vancouver indicated that “Canada’s persistent weakness in productivity growth has been due to business strategy choices; too few Canadian businesses and entrepreneurs choose strategies that emphasize innovation.”

Why is innovation lagging?