We’ve misunderstood the US dominance of the world of innovation

We’ve misunderstood the US dominance of the world of innovation

It just hit me this morning why the US seems to dominate the world in the creation of innovative companies and products and I think we've gotten it all wrong. The Americans aren't better than the rest of us at research and development and product creation, they're...

Scientists discover mutant gene that causes entrepreneurship

Scientists discover mutant gene that causes entrepreneurship

Scientists from the internationally respected magazine Nurture vs Nature have disclosed that researchers in Silicon Valley have identified the mutant gene that causes entrepreneurship. This disease involves a recessive mutation and leads to extensive market...

Toronto House Prices: The Metric That Matters

Toronto House Prices: The Metric That Matters

OK, this is it. I’ll stop with all these posts about Toronto House Prices metrics after today. I’ll find another way to annoy people next week. If you’ve been paying attention I said the press is consistently using entirely the wrong metric to look at house prices. It...

Where’s Stupid? Bad Metrics Risk Bad Policy

Where’s Stupid? Bad Metrics Risk Bad Policy

Today’s article on the front page of the Globe and Mail, calling for something to be done about surging house prices, is another example of bad metrics creating potentially bad policy. As I explained in Monday’s post, the comparison of house prices to average income...

Toronto Housing Affordability

Toronto Housing Affordability

If you read yesterday’s post, I spent it ranting on about how I was fed up seeing bad metrics used to explain what is going on in the housing market in Toronto. So today I thought it might be useful if I showed you a better metric. So get ready for it, another day,...

The So-Called Housing Bubble is Just Bad Metrics

The So-Called Housing Bubble is Just Bad Metrics

There has been a lot of talk recently about Toronto's housing bubble. In fact, I think if you check, the talk has been filling up the press for several years. Well if all of these people are right about the bubble, when is it going to pop? I don't think in fact that...

Canada’s Scaling Problem

Canada’s Scaling Problem

Policy experts and innovation practitioners have criticized Canada’s scaling problem - its inability to grow and scale companies. This has been a baffling issue because Canada’s technology sector has been successful at starting companies and generating innovations...

Canada’s Lacklustre Innovation Performance

Canada’s Lacklustre Innovation Performance

Improving Canada’s lacklustre innovation performance has been a persistent challenge. Experts continue to blame our inability to turn ideas into tangible products and services on a complex set of factors such as low business expenditures on research and development...

The Curse of Millennial Job Churn

The Curse of Millennial Job Churn

I was surprised that Finance Minister Bill Morneau warned Millennials that they should "get used to so-called job churn – short-term employment and a number of career changes in a person’s life." Does this mean he's giving up on the economy? I looked around the other...