Yes, there are a lot of discoveries made that with the right environment could be successful in a Canadian or international context. The SBIR program, that the other two witnesses have mentioned, works well not because it's fundamentally different from Canada's IRAP but because there is capacity among the people who run the SBIR program to actually evaluate technology and make rational decisions about what might be successful and what might not be. We don't have that capacity in Canada. I think the reason IRAP fails is that we don't have that capacity. The concept is good, but the implementation is bad because of a lack of capacity.
How do we train people in this country to do that sort of thing? We have universities. They produce hundreds if not thousands of Ph.D.s every year. Some of them could do this, but if we don't have receptors for them in this country, they will go somewhere else, and they do. Capital flows across borders and so does intellect.