So, apparently the problem is not enough management

[dracodraconis]

This, according to a recent study conducted by The Institute for Competitiveness and Prosperity entitled "Strengthening management for prosperity" (pdf format). Specifically...

Canada’s innovation policy is out of balance in that it is driven by the assumption that we do not have enough innovation because we have an inadequate supply of certain key factors that lead to innovation. More specifically, the model implicitly assumes we lack innovation in Canada because we have an inadequate supply of scientists and engineers, we lack adequate risk investment funds, and our businesses need specific incentives of Innovation. Support comes from to increase the amount of research and development they conduct.
....
Canada does not have an innovation problem because of the lack of university science and technology research and education. We have an innovation problem because businesses in Canada do not spend enough on innovative activities, including – but not restricted to – research and development. An important part of the solution is to strengthen management talent in Canada.

In short, Canada doesn't need to invest in producing more scientists and engineers to drive innovation but in producing more managers (because, Heaven knows, managers are the source of all innovation).

Glad they cleared that up. Here I was under the impression that it was the researchers who did the innovation. Boy, was I wrong. If you feel like discarding a few minutes of your life, feel free to read the original report.

Extracted from Improbable Research