According to my research, South Korea invests about 5% of its GDP in research and development, Germany invests 3.1%, China invests 2.6% and Singapore invests 2.1%. Canada invests only 1.7%, so we are actually behind other countries. Because of that, we have insufficient investment in research and development, and the fact is that, increasingly, our universities have had to rely on foreign sponsorship or investment in our research. The concern is that, in many cases, the benefits of the research will go to the foreign countries or the sponsors overseas. We are actually sponsoring our competitors because the benefits of the results would accelerate their research.
