IP is not just about patents, because much innovation can't be protected by patents or it's the wrong play or wrong choice to just focus on patents. Patents are registered IP. Contracts and licences are more like protecting unregistered IP.
For a Canadian innovator like a tech company, for example, if you register a patent, it means you have to release what you're patenting. That could be dangerous. It could also be very expensive for a global innovation. It's very, very expensive to register patents globally. It makes it basically a huge barrier for a tech company.
For social innovation companies or social purpose organizations, the innovation isn't necessarily patentable. It's through process innovation, digging into different ways to deepen social impact. These things need to be protected by licensing and contracts rather than patents. Bluntly, they can't be patented. SPOs and business of all types, to be honest, need help around other parts of intellectual property protection, not just patents.