That's a great question.
To give credit to the government, NRC's IRAP does a bit of this. I think, in the new innovation corporation, the plan is to scale it.
I don't think we're doing enough on the industrial R and D side of things. If you don't apply research to commercial applications, you're still very far away from commercial success. This is where we need to do much better. Again, industrial research needs to be focused on these advanced industries, where you have a high level of technology intensity, R and D, and highly skilled workers.
I'll bring you back to what Secretary of Commerce Raimondo stated a few weeks ago in a very important speech she gave at MIT. She said the world is going to compete in “three families of technologies”. The first is computer-related technology—AI, quantum and microelectronics. The second is biotech. The third is clean tech.
This is where we'll need to compete. If we're not there as a country, we're going to struggle going forward, in my opinion.