John Carmichael at the Industry, Science and Technology Committee

On October 2nd, 2012. See this statement in context.

October 2nd, 2012 / 12:15 p.m.

Conservative

John Carmichael Conservative Don Valley West, ON

Thank you, Chair.

We've covered universities and so many of these different issues, but to follow my colleague, I'd like to stay on the patent investment fund for a minute.

Mr. Stajcer, you talked about taking perhaps 10 patents—whatever the number is—and that the likelihood of success is fairly minimal in terms of the risk level. How do we encourage those private-public partnerships?

You talked about CPP, and they have very real investment guidelines. The risk tolerance is going to be a significant problem here. I think that's obviously why we're at the table today, trying to figure out where the balance is in making this work.

Could you address that?

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