Superclusters! Lessons + Opportunities for Canada is a new discussion paper produced by the Brookfield Institute for Innovation + Entrepreneurship (BII+E) and the Institute for Competitiveness & Prosperity.
In its 2017 budget, the federal government committed $950 million to foster the growth and development of “superclusters”. This discussion paper provides an overview of why clusters are important and what the role of government is in cultivating them. It also offers advice to the Government of Canada on how to improve the longevity and effectiveness of their commitment.
Cluster strategies are challenging to implement because they require two mindsets sometimes challenging to government: an appetite for risk and a long-term approach to monitoring evaluation. In this discussion paper, we offer advice that will help the federal government to ensure its cluster strategy has the best chance of accelerating Canada’s economic growth and boosting the global competitiveness of Canadian firms.
For the full report written by Matthew Seddon and Saad Usmani of the Brookfield Institute, please visit here.