I've seen evidence suggesting that large pools of highly skilled labour are perhaps the number one determinant of where leading-edge companies tend to invest. That points to graduate education; I agree with you on that.
I would have thought also that in terms of support for innovation in universities and so on, the next step going forward might involve greater support for commercialization. I know this is not always popular with academics, who see themselves as pure researchers, whereas commercialization is getting ideas to market. We in Canada I think are pretty good at the pure end. I'm not sure we're all that good at transforming those good ideas into commercial products.
Do you agree with that point of view? Do you see a substantial role for the federal government in moving into pushing commercialization, or would you rather see us stay in our more traditional area?