(public).sospep.subjects ~ view article ~ how-to-make-the-toronto-waterloo-corridor-a-technology-supercluster

<h1 style="text-align: center;">how to make the toronto waterloo corridor a technology supercluster</h1>
<h2 style="text-align: left;">[WHAT]</h2>
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<li>] by DAN DEBOW, JOHN KELLEHER, IAIN KLUGMAN AND KEVIN LYNCH, @ globeandmail.com - &nbsp;A recent report by Tech North argues that a technology and innovation supercluster in this southern Ontario region would spark Canadian innovation and attract talent and capital from around the world.&nbsp;</li>
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<h2>[WHY]</h2>
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<li>]&nbsp;</li>
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<h2>[WHERE]</h2>
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<li><strong>] READ THE FULL ARTICLE</strong></li>
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<li>] http://www.theglobeandmail.com/report-on-business/rob-commentary/how-to-make-the-toronto-waterloo-corridor-a-technology-supercluster/article33619812/?reqid=9f95e83b-08b5-4f1e-8257-0213cb81af6d</li>
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<li><strong>] TLDR</strong></li>
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<li>] A recent report by Tech North argues that a technology and innovation supercluster in this southern Ontario region would spark Canadian innovation and attract talent and capital from around the world. The report identifies the current gaps that the region lacks ( ] risk capital, ] access experienced talent, ] absence of customers for new products ] homegrown champions ) and the assets it posesses ( ] world-leading technical talent, ] outstanding entrepreneurs, ] game-changing ideas, ] excellent research universties, ] cities, ] diverse population ). A concrete blueprint has been developed which identifies the need to double down on two emerging forces of disruption &ndash; artificial intelligence and quantum computing. Concludes that the supercluster would drive productivity and growth across Canada with potential econmic benefits of 17.5B increase in GDP and &gt; 170K quality jobs.</li>
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<h2>[WHEN]</h2>
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<li>] 2017-01-14</li>
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<h2>[EXAMPLE]&nbsp;</h2>
<p>Dan Debow is an entrepreneur and co-founder of Helpful.com. John Kelleher is a partner at McKinsey and co-chairman of Next Canada. Iain Klugman is chief executive of Communitech. Kevin Lynch is a vice-chairman at Bank of Montreal.</p>
<p>A recent&nbsp;<a href="https://www.nextcanada.com/news/tech-north-building-canadas-first-technology-supercluster" target="_blank">report</a>, titled Tech North: Building Canada&rsquo;s First Technology Supercluster, argues that a technology and innovation supercluster anchored in the Toronto-Waterloo corridor in Southern Ontario would spark Canadian innovation, attract talent and capital from around the world and turbocharge economic growth for the entire country.</p>
<p>The rise of superclusters, pioneered by Silicon Valley, is fuelling explosive growth, creating new industries and reinvigorating traditional companies from Tel Aviv to Amsterdam, London to Berlin, Boston to Austin, ...</p>
<p>the potential economic benefits to building a Canadian supercluster could be massive: a $50-billion increase in equity value, a $17.5-billion annual increase in GDP and more than 170,000 high-quality jobs.</p>
<p>we already produce <span style="text-decoration: underline;">world-leading technical talent</span>, <span style="text-decoration: underline;">outstanding entrepreneurs</span> and <span style="text-decoration: underline;">game-changing ideas</span>. (CITATION needed )&nbsp;</p>
<p>The corridor is home to excellent research universities, cities and a diverse population.</p>
<p><strong>However,</strong> corridor <strong>growth remains well below that of the top clusters in the world.&nbsp;</strong></p>
<p>&nbsp;report identifies gaps - ] challenges to commercializing research, ] difficulties companies face in accessing experienced talent, ] a dearth of risk capital, an ] absence of customers for new products and a ] lack of homegrown champions.</p>
<p>The good news is we can address these gaps, just as other emerging superclusters have demonstrated over the past decade. The keys are attitude, leadership and vision.</p>
<p>Drawing on t<span style="text-decoration: underline;">he McKinsey summary</span> and <span style="text-decoration: underline;">analysis of global tech clusters</span>, <span style="text-decoration: underline;">we convened leaders</span> from the tech, policy, business and academic communities to map out a <span style="text-decoration: underline;"><strong>concrete blueprint</strong></span> to turn the corridor into a <span style="text-decoration: underline;"><strong>supercluster</strong></span>.</p>
<p>The underlying principles in the blueprint are excellence and depth &ndash; <strong>concentrating investments</strong> where we already have strengths and focusing on <strong>scaling the next generation of global Canadian companies</strong> with the greatest potential to drive growth and attract talent.</p>
<p>we need to double down on two emerging forces of disruption &ndash; artificial intelligence and quantum computing &ndash; that hold the potential to transform many sectors and business applications.</p>
<p>It will drive productivity and growth across Canada. It will position Canadian companies to lead the world in core transformative technologies. It will reverse the brain drain and make Canada a talent magnet. And, it will serve as a model for and strategic partner to other emerging clusters across Canada; success begets success.</p>
<p><strong>STATS (infographic below article)</strong></p>
<p>- location = ] Greater Toronto Area(GTA), ] Guelph, ] Kitchener Waterloo (KW, &nbsp;] Hamilton,</p>
<p>- status = ] 4 clusters, ] 15K+ high tech companies, ] 250K+ workers&nbsp;</p>
<p>- equity value - by region ] GTA (14B), ] Vancouver(6B), ] Montreal(5B) ] Silicon Valley (411B)</p>
<p>- tech ecosysystem equity VS population - ] GTA 14B/6M, ] LA 65B/12m, ] NY 63B/19m</p>
<h2>[HOW-TO]</h2>
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<li>]</li>
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<h2>[REFERENCE]</h2>
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<li>[2017-01-14] SRC = HackerNews, (3)&nbsp;<a href="https://news.ycombinator.com/edit?id=13400358" target="_blank">comments</a>&nbsp;(1)</li>
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<h2>[RELATED]</h2>
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<li>] # 4943 - <a href="/view/article?id=4943" target="_blank">super-accelorator</a> - ] by Don Sagrott, founder @sospep.com -&nbsp;</li>
<li>] # 5060 - <a href="/view/article?id=5060" target="_blank">how to make Pittsburgh a startup hub</a> ] by Paul Graham @ ycombinator.com - ] Graham looks at what he feels the city of Pittsburgh,PA has and does not have in relation to what the requirement for a technology startup hub are.</li>
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<h1 style="text-align: center;">&nbsp;</h1>

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