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Industry committee I don't know.
June 19th, 2012Committee meeting
Avvey Peters
Industry committee The only thing I would say is that I think it's evident from the investor perspective that intellectual property is a really attractive part of the asset base when they're choosing to invest in a Canadian company. It's up to us to look at how we are capitalizing companies as anot
June 19th, 2012Committee meeting
Avvey Peters
Industry committee It wasn't specific to clean tech, no. The stat I was referencing is in the Canadian International Council's report. It shows that of Canadian companies that are acquired, there's a large proportion of them that are acquired by a foreign buyer, which means that the intellectual pr
June 19th, 2012Committee meeting
Avvey Peters
Industry committee I don't know all of the details, but my understanding is that this standard agreement is for state research centres that are receiving funding from government and partnering with industry, so part of the condition for receiving that funding is that the industry-academic collabora
June 19th, 2012Committee meeting
Avvey Peters
Industry committee Sure, and thank you for the question. I think you're absolutely right. Every Canadian university has its own method of IP ownership, its own policy. The University of Waterloo's policy is a creator-owned policy, which is quite different from other university IP policies. The c
June 19th, 2012Committee meeting
Avvey Peters
Industry committee Again, it goes to an overall strategy our companies need to find. I'll give you a local example. John Baker is a Waterloo region entrepreneur who founded a company called Desire2Learn while still a student at the University of Waterloo. When John started to do business in the U.S
June 19th, 2012Committee meeting
Avvey Peters
Industry committee I think IP certainly does have an important role in that. In some ways that issue is more one of access to capital, and I know there are other conversations happening about how to increase access to capital for early-stage companies. As you're building your start-up you're tryin
June 19th, 2012Committee meeting
Avvey Peters
Industry committee Thank you for the question. I think the reason we and others suggest a focus on SMEs is that we know they are a driver of job growth. They grow more quickly than their start-up counterparts or their multinational counterparts. In our context, we think of them as the gazelles, tho
June 19th, 2012Committee meeting
Avvey Peters
Industry committee Thank you, Mr. Chair. Good morning, everyone. Thank you very much for the invitation to join you today. I'm Avvey Peters, and I'm with Communitech. We're the technology organization in Waterloo region, Ontario. I also have the pleasure of working with Communitech's national ini
June 19th, 2012Committee meeting
Avvey Peters
Human Resources committee I can say anecdotally that we have a sense that our regional technology companies aren't capturing as many of our local grads as we would like. These are really talented people. They can work anywhere in the world. We do our best to try to build an affinity for them locally so th
April 4th, 2012Committee meeting
Avvey Peters
Human Resources committee I would go back to the point that Jason made earlier, around the system in general, which is that the principles of speed and flexibility are really paramount. I know, having some spent time working at a university, that it's really difficult for an academic institution to overha
April 4th, 2012Committee meeting
Avvey Peters
Human Resources committee From our perspective, the number one challenge for tech companies today is talent. Close behind that is access to capital. At a very high level, the measures we saw in the budget around additional risk capital being made available are a positive sign for our industry.
April 4th, 2012Committee meeting
Avvey Peters
Human Resources committee Certainly. Yes.
April 4th, 2012Committee meeting
Avvey Peters
Human Resources committee I know that there are co-op programs across the country—
April 4th, 2012Committee meeting
Avvey Peters
Human Resources committee I'm not aware of other similar tax incentives. I don't know if my colleagues may have more information on that.
April 4th, 2012Committee meeting
Avvey Peters