How Canada can take advantage of the “new geography of innovation”

September 20, 2016

Innovation is being increasingly driven by diverse networks of people working in dense urban neighbourhoods, write University of Toronto President Meric Gertler and MaRS Discovery District CEO Ilse Treurnicht. The authors add that “Canada, happily, is well positioned to take advantage of this shift in the geography of innovation,” and the current question is “whether our governments have the political will to capitalize on this momentum.” Gertler and Treurnicht position Toronto as a world-leading example of a place-based innovation cluster and argue for the importance of investment in these areas. The authors conclude that “the geography of innovation is changing. This shift has serious consequences for policy-making. And as cities become the leading engines of innovation, Canada will fall behind unless it embraces downtown density as a driving force in the new economy.” Toronto Star