StatsCan report finds IP receipts doubled in 2021 from 2017, increased by software sales

By Anosha Khan ( September 26, 2023, 4:08 PM EDT) -- Statistics Canada released its report titled “Research and development in Canadian industry: Intellectual property, 2021” on Sept. 26, which found that despite supply chain issues and increased inflation brought on by the COVID-19 pandemic, businesses that engaged in research and development “bought and sold IP at amounts that exceeded pre-pandemic levels in 2019 and record amounts in 2020.”...