Canadian research and development spending dropping: Report: Howard Solomon @itworldca: CATA's CEO Comments
September 3, 2013

Overall R&D spending is low and declining as the manufacturing sector shrinks, including in the communications equipment manufacturing sector, reflecting in part the bankruptcy of Nortel Networks

Canada’s information and communications technology sector is one of four leading groups in the country expending resources in industrial research and development, says a new study by leading academics.

However, drilling down into the figures also shows overall R&D spending is low and declining as the manufacturing sector shrinks, including in the communications equipment manufacturing sector, reflecting in part the bankruptcy of Nortel Networks...

In an interview John Reid, CEO of the Canadian Advanced Technology Alliance, said the report didn’t highlight anything new for the ICT industry. Referring to the communications industry spending decline, he noted that software applications are becoming more important than hardware.

He also noted that the report found that the R&D work of a small firm can have a large impact with the introduction of the right technology at the right time.


Read morehttp://www.itworldcanada.com/article/canadian-research-and-development-spending-dropping-report/84205#ixzz2dl1cO5Ly 
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