Commercialization of intellectual property generated from publicly supported institutions can facilitate Ontario’s prosperity domestically and increase our competitiveness abroad for generations to come. Every step of this process, from the development of our mandate, early discussions and research, to developing questionnaires, consulting stakeholders from each corner of the province, and distilling the data into this report, had one objective at the core: to advise how the Government of Ontario can facilitate prosperity through a well governed, well resourced and well positioned innovation ecosystem and see Ontario resume its place in the top 10 North American jurisdictions for GDP per capita.

While few in number, we believe that when implemented together, the four recommendations in this report have the potential to unlock positive economic outcomes for the residents of Ontario. Successfully implementing the recommendations in this report as well as adopting a Made in Ontario approach to innovation will open the door for the Government of Ontario to implement policy directives related to innovation performance in an ecosystem that is well positioned to facilitate and support it.