Another aspect is the expense and timing required for the IP to be protected. Today there is very little support for technology companies to protect their IP. There is no support from IRAP, and SR and ED does not cover that aspect of industrial evolution. That is very critical.
We asked Canadian companies whether they collaborated, and 53% said they did not have any collaborative agreements. That is a huge number. These companies are trying to be successful in the global market by themselves, and most of them will fail because they do not have the strength to be successful.
I worked for 25 years with Nortel Networks. Whenever we went into a new territory, we always made sure we had local partners to present a local face to the market. Small companies that do not do that are going to fail.