OTTAWA - Responding to the credit crisis and resulting global recession, national governments around the world are furiously pumping cement-truck loads of money into infrastructure projects. Some of these economic stimulus initiatives will work, and some will fail; few will offer a specific return on investment (ROI).
The Canadian photonics industry, employing an estimate 20.000 people in 400 companies, currently offers an innovation infrastructure ROI example that shows a nearly $10 return for every dollar invested. This is based on a $52 million federal government investment in the National Research Council Canadian Photonics Fabrication Centre (NRC-CPFC).
By Blair PatacairkOttawa Centre of Research and Innovation
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