To add my two cents' worth, if I may, to build on what Jean-René has said about intellectual property, universities might have a look at what the incentives are for tenured professors to leave and to come back. I've had over the years some of our members say to me that it's really tough to get a hold of a university professor who has this idea for something absolutely revolutionary, because if it fails, and many do, he can't come back to the university, he's off the tenure track, and it's really tough. So intellectual property control is one part.
The second one is, thinking about our friend from last week, it might be interesting to have a look at increasing the talent pool of serial entrepreneurs. There are a number of those in this country, and when you look at some of the research we have done in concert with Industry Canada and BDC, we see that they tend to have this snowball effect. They don't just go and create one company, but they create 10 companies, or 30 companies, and we need to find a way of packaging that and improving it--get more serial entrepreneurs.
Lastly, I think government has to look at everything it does. We suggested that the government offset program with respect to large contracts be revisited, at least in terms of getting money into venture capital funds. Government procurement...government is a great big purchaser. How does it use that power?
I have one final comment. I was in Israel two years ago on a very small “t” trade mission. You get very impressed with what they're doing in that country to generate a venture capital industry, which they grew from zero 14 years ago to where it's rivalling the size of Canadian industry today.