This issue has driven me absolutely nuts since I first arrived in Canada from Silicon Valley. It did not take me long to figure out that things did not work they way they did in California, and that there wasn’t much of a true entrepreneurial economy here. Since then, I have also been appointed to the Canada Foundation for Innovation grant process, providing me with insight into how R&D funding works in Canada. I have seen many issues in Canada that have impaired the nation’s ability to develop an entrepreneurial culture, among them is the inherent Canadian conservatism and short term horizon of investors unfamiliar with technology venture investment. But none has been worse than Canada’s decades-long neglect of adequate funding for research and development nationwide.
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