Business-PSE Partnerships Are Critical for Canada’s Prosperity

Source: The Globe & Mail via Academica

Partnerships between PSE and business are essential for making Canada a more competitive and prosperous country, according to Conference Board of Canada CEO Daniel Muzyka. A recent Conference Board study shows that such partnerships provide businesses with greater access to world-class expertise and resources, which boosts their capacity for innovation and fosters economic growth. NSERC Vice-President of Research Partnerships Bettina Hamelin adds that these partnerships often include local communities and address a host of challenges ranging from food security to quantum technology. “The list is long,” she adds, “and the challenges may be local, provincial, national or global.” The article concludes by discussing specific examples of PSE-business partnerships and how industry, higher education, and local communities have benefitted from them.