It is not enough to accept the concept of risk, you must also change your definition of what constitutes a good risk, what is a failure, and what is a disappointing investment of public funds.
As I explained, in Israel, the fact that less than 10% of companies are publicly subsidized by the Israeli industrial innovation agency is not considered a program failure, because even those that do not succeed gain experience and become entrepreneurs who try again with other companies. That is a philosophy that is important to adopt, and it is in this committee's interest to do so. In the Canadian government's superclusters initiative, a position should be adopted in advance in order to know which grid will be used in two, three or four years to assess whether the project has achieved its objectives. You must determine what the objectives are and what is expected of the superclusters. In my opinion, the definitions of what constitutes failure and success are much too limited.