Peter Josty

Technology diffusion is needed to solve Canada’s productivity problem

Peter Josty
April 3, 2024

Canada needs to encourage technology diffusion throughout the economy by doubling down on the demand side to solve the country’s ongoing productivity problem, says thought leader Peter Josty.

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Other stories mentioning these organizations, people and topics
Organizations: Brookfield Institute for Innovation + Entrepreneurship, Canada Innovation Corporation, Council of Canadian Academies, Global Innovation Clusters, and Institute for Research on Public Policy
People: Neil Lee and Peter Josty
Topics: addressing Canada's productivity problem, business investment in machinery and equipment, business spending on R&D, Canada's innovation policy, Canada's slow growth per capital GDP, Canadian companies using AI, ChatGPT to enhance productivity, diffusing technology throughout Canada's economy, diffusive institutions, digitization and adoption of advanced manufacturing, focusing on supply side of Canada's economy, generative institutions, government procurement, government regulations, government tax incentives, improving workforce training, inequality effects of new technologies, Innovation for the Masses (book), making Canada's economy more competitive, ncouraging adoption of digital technologies and AI, pricing negative externalities, pro-competition policies, public-private cooperation, redistributive institutions, shaping consumer behaviour and market demand, SR&ED tax credit program, strengthening Canada's distributive institutions, technology diffusion and adoption by industry, technology generation, and technology testing and prototyping facilities

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