This report presents & discusses findings from hearings on science & technology (S & T) and its impact on a knowledge-based economy. Issues considered include: the contributions of S & T to a knowledge-based economy; measurement of innovation world-wide and in Canada; the Canadian innovation system, including knowledge sources & flows and the government-university-industry relationship; the innovation policy framework and the role of the federal government; strategic S & T investment opportunities in such areas as biotechnology, astronomy, and high energy physics; value for money in federal S & T support programs; the role of federal research agencies; the intellectual property rights regime; university research & commercialization; and financing of innovation start-up firms. Recommendations are made throughout regarding S & T policy. Appendices include dissenting opinions.
Response of the federal government of Canada to 31 recommendations on ways to increase investment in research in industry, science and technology, and in ways to facilitate business growth in remote and northern areas.