Building the Canadian Economy
A recent report produced by the Information Technology Association of Canada
illustrates the importance of these factors. The report, titled “Toward a Culture of
Innovation,” provides guidance for how Canada can build a more competitive
economy within the global economic landscape through building a knowledge-based
society. The report suggests even actions that track closely with the factors we have
discussed.
1.
Investing strategically in education. The report suggests that the lack of qualified
workers, particularly in the IT and science fields, will both stifle economic growth
& cause firms to move operations to countries where such skills are in greater
abundance. The report’s solution is increased public investment in education.
2.
Better business management. The report notes that an enormous hunger for
management expertise exists (again, a human capital concern), but expands the
concept of leadership to making every employee a leader. The report advocates
both cultivating new types of business leaders and making a leader of every
decision maker in the workplace.
3.
Better access to capital. Nothing that debate exists for.