OTTAWA – The Information and Communications Technology Council (ICTC) has announced plans to develop a national measure for digital innovation in Canada.
Guided by the four key factors of Innovative Climate Index, Innovative Capacity Index, Innovation Outcomes/Impact Index, and Innovation Confidence Index, the organization said that it will produce white papers and begin consulting on the specific parameters that go into building this national digital innovation indicator in the next few months.
“Gauging Canada’s progress in its digital innovation journey on yearly basis will be key for identifying any future policy interventions”, said ICTC president and CEO Namir Anani, in a statement Wednesday. “While there are many internationally acknowledged benchmarks for evaluating the innovation potential of a nation such as R&D expenditure, venture capital investments, talent and education, and many others, ICTC will be constructing a relevant and comprehensive digital innovation measure that reflects Canada’s goals of enabling an inclusive and globally competitive economy.”
