Industrial Contributions to Research and Development Spending in Canada


Book Description

This Economic Insights article highlights notable changes in the pace and composition of industrial research and development (R&D) spending in Canada during the 2000-to-2013 period. The analysis is based on historical time series data that conclude with the publication of estimates for reference year 2013. This article highlights trends in industrial R&D spending in advance of the upcoming release of the new data. The analysis underscores the extent to which support for higher R&D spending in more recent years has come from resource-based companies.--Document.




Industrial Contributions to Research and Development Spending in Canada


Book Description

Overview The contributions of different industrial sectors to overall Annual R&D spending in 2013 below pre-recession changes in research and development (R&D) spending in levels Canada have shifted markedly since the technology boom of In 2013, annual in-house R&D expenditures by business the late 1990s. [...] Lower R&D spending by Ontario manufacturers reflected declines in the number of manufacturing firms contributed to recent declines performing R&D and operating in the province, and coincided During the mid-2000s, the growth of in-house R&D spending with lower levels of capital spending and manufacturing output. [...] The real GDP of Quebec-based overall R&D spending by these companies at the national level manufacturing was 11.3% lower in 2013 than in 2007, as many was about 40% higher in 2013 than in 2007, and Ontario-based industries declined and the number of active businesses fell. [...] In that year, manufacturing companies In both provinces, in-house R&D spending, as a percentage accounted for about 60% of in-house R&D expenditures in of nominal output produced, declined during the recession Ontario, and manufacturing represented about 16% of the and continued to edge downward as the economy returned to province's nominal output. [...] The overall in 2013, and the sector's share of provincial R&D spending share of R&D spending by foreign-controlled firms increased from about 40% to 54%.




Industrial Research and Development in Canada


Book Description







The State of Industrial R&D in Canada


Book Description

"Industrial R&D (IR&D) is the private sector's investment of time and resources in the development of new ideas, technologies, and processes to promote business performance and create better products. IR&D also contributes to meeting pressing social challenges, ranging from development of new medical treatments to mitigation of environmental impacts to changing the ways in which Canadians work together. The returns on investments in IR&D can be high for the firms undertaking it, the economy at large, and, in particular, the region in which the IR&D takes place. IR&D and innovation are not synonymous. IR&D consists of any scientific research or technology development undertaken by Canadian businesses. Innovation, on the other hand, is a broader concept that can be defined as 'new or better ways of doing valued things.' IR&D is a critical driver of innovation, which, in turn, plays an important role in catalyzing productivity gains across the economy, thereby stimulating wealth creation and improving living standards for all Canadians. The historically low rate of investment in IR&D in Canada compared to other countries is one of the key factors that also accounts for the consistently wide gap in productivity growth between Canada and the United States"--Executive summary.