The CBC has an interesting story on the reduction in R&D spending for Canadian firms. Apparently, companies aren’t investing in research and development like they used to – although if you remove a few of the anomalies (e.g. Nortel) the picture isn’t quite as bad as the headline suggests. The article contends that universities and governments (at all levels) in Canada are doing their part to push the innovation agenda and now it’s time for the corporations to step up. When you look at the companies who are investing in R&D, Research In Motion (RIM) out invests everyone by a long shot. Although RIM has had some rough times recently, they still remain one of this country’s most important companies – especially when it comes to the government’s much vaunted innovation-agenda.
Read the full story here.
