Canadian innovators tend to transfer or sell their intellectual property to foreign entities rather than continue to develop their patented technologies and commercialize them. But in doing so, they lose the opportunity to scale up and profit from the innovations they pioneered. In this webinar, Nancy Gallini and Aidan Hollis, authors of a recent study on the topic for the IRPP, share their analysis of this growing trend, looking at 20 years of patent invention and ownership by Canadians. Why is this happening? The authors discuss economic and institutional factors behind the patterns they have uncovered and examine the implications for Canada’s innovation policy. This discussion is moderated by France St-Hilaire, Vice-President of Research at the IRPP.
An initiative of the research program Unlocking Demand for Innovation
Nancy Gallini is professor emeritus in the Vancouver School of Economics at the University of British Columbia (UBC). Her research, which has been published in numerous peer-reviewed articles, focuses on the economics of intellectual property, technology licensing and competition policy. She has served on the governing council of the Social Sciences and Humanities Research Council and the Mitacs Research Council and the editorial boards of several journals. She was dean of the Faculty of Arts at UBC (2002-10), among other academic positions.
Aidan Hollis is professor of economics at the University of Calgary and president of Incentives for Global Health, a US-based NGO. His research focuses on innovation and competition in pharmaceutical and electricity markets. He has published many peer-reviewed articles and two books. In 2003-04, he served as the T.D. MacDonald Chair in Industrial Economics at the Competition Bureau. He has provided expert reports and testimony in several Canadian court cases and has advised companies and governments.
France St-Hilaire is vice-president of research at the Institute for Research on Public Policy (IRPP). She oversees the Institute’s research agenda and coordinates certain projects on economic and social policy. France has written extensively on public finance, social policy and fiscal federalism. She has also coedited 13 IRPP volumes, including Income Inequality: The Canadian Story (2016).