Canada's Business Sophistication Misses the Podium Mark - Ranks 22nd Globally
A leading education system and motivated, smart investor backed entrepreneurs have demonstrated that Canada is a capable inventor and startup nation. Despite this foundation, and stellar performances from a small number of unicorns, our overall return of innovation investment is not performing. The 2019 Global Innovation Index ranks Canada at 17th. Canada gets a podium finish in market sophistication, driven by 1st place in VC investment and JV/alliances, 4th in institutions, and 9th in “innovation inputs” or costly government investments. The bad news is Canada fails to convert to outputs for a reasonable ROI, lagging at 22nd, dragged down by creative outputs and infrastructure (27th) and business sophistication at 22nd. Knowledge and technology outputs and human capital and research also lag at 19th.

Learning from the US and Israel. The US credits the success of their homegrown companies, in part, to a pro-active advocacy culture amongst small businesses. Their commercial culture is evident and they support and promote their own. Israel, the tiny "no market" country with 8 recent unicorns, attributes success to their government's procurement policies, acquiring innovative products from young local companies, and a "global from the start" approach to business. Both of these countries celebrate their innovators and have tight public - private partnerships with small and medium sized companies.

We've engaged hundreds of innovators over the past few months and the consensus is - Canada can do better. Have your say!
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Have your say - moving to a growth culture
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Industry *
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Company Name (optional)
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Job title *
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Are the following competitive advantages or disadvantages for Canadian small and medium tech business
Competitive Advantage
Disadvantage
Neutral
Available skills/talent
Immigration policies
Risk Appetite
Business tax rate
Ease of doing business
International business expertise
Data policy
Success culture
Access to data
International Trade Agreements
Ease of doing business with government
SRED
Superclusters
Grants
Procurement opportunites with government
Accelerator programs
Access to capital
Pride in /support of small business
Recruiting systems
Brand Canada as a trusted nation
Education system
Diversity
Business leaders advocacy activity
Talent development investment
Company relationships with universities
Comments on Canada's most pressing international competitiveness advantages and barriers. What's missing above?
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What are Canada's top 3 strategic advantages for homegrown tech industry growth? *
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What's it going to take for more Canadian grown tech companies to scale?
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What's holding Canada back from being a dominant global leader in innovation?
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What are your company growth aspirations over the next 3 years?
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What's fuelling your success?
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How many years has your company been operating?
What are the major growth obstacles your company faces?
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How many people are employed at your company? *
Was your company "Made in Canada"? *
What % of your revenue is derived from international clients/export?
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Is a majority of your revenue derived from Public or Private sector clients?
What are the top three growth opportunities for your sector over the next three years?
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What top three technology innovations do you expect to dramatically impact Canada’s global tech market position in the next three years?
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What three business policy issues would you like addressed with federal election candidates?
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What Canadian policies, regulations, laws or trade agreements provide international advantages for Canadian homegrown technology businesses?
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What are the top 3 things the CATA community can do to lift scale up success?
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Suggestions /advice?
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Are you a CATA member?
Are you interested in learning more about CATA Mind Trust, Advocacy Round Tables, and Leadership Council appointments?
Have you volunteered or partnered with CATA in the past? If yes, explain.
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