Standing Committee on Industry, Science and Technology

Comité permanent de l'industrie, des sciences et de la technologie

For immediate release

Ottawa, November 23, 2017 -

On November 23, 2017, the Standing Committee on Industry, Science and Technology presented its Eighth Report in the House of Commons entitled Intellectual property and technology transfer: Promoting best practices, in which it makes 12 recommendations.

The goal of technology transfer policy should not only be to commercialize academic intellectual property, but also to build the innovative capacities of post-secondary institutions, small- and medium-sized enterprises and entrepreneurs by facilitating collaborative ventures. The aim is to have a significant, positive impact on the Canadian economy. With that in mind, the Committee recommends, among other things, that the Government of Canada require Statistics Canada to launch an annual survey on technology transfer.

The Committee believes that the Government of Canada’s timely implementation of its recommendations will help facilitate and increase technology transfer in Canada in order to meet existing and future challenges.

The Committee held over 10 meetings on this study in Ottawa, having heard from various representatives of the academic and private sectors, research and development institutes and the federal government, and received 19 written submissions.