 |  The CCSIP Value Proposition: 1+1 = 3
CCSIP is greater than the sum of its parts...with the potential to deliver increasing returns. The partnership offers a compelling value proposition for:
University-based researchers and leaders:
- Increase your research capacity, and access new expertise; resources and sources of investment in Canada and California
- Manage existing deficits in research programs by collaborating with partners who can bridge the gap and provide the capability or resources required to achieve objectives
- Help to break down the barriers between academia and industry by participating in partnerships that facilitate a greater understanding of each other; new collaborative
approaches and mutually-beneficial outcomes
- Gain greater leverage from research investments and infrastructure; strengthen individual and collective research capabilities; and develop, attract and retain precious research talent
For developers and industry leaders:
- Create cost-effective, extended R&D teams to undertake high-risk, high-reward projects that might otherwise not be possible
- Identify and train and accelerate the productivity of prospective employees
- Leverage multinational partners with headquarters or R&D presence in Canada or California to facilitate entry into new markets
For Decision-makers:
- Support the development of highly qualified personnel required by companies on both sides of the border
- Take action on global sustainability challenges that no one organization, state or nation can solve in isolation
- Fund projects that promise to deliver high return
For Investors:
- Source prospective deal flow, specifically new opportunities for technology transfer, licensing and commercialization
For the Broader Canada-California Innovation Community:
- Gives lift to new RD&D projects that aim to facilitate knowledge exchange and the development of highly qualified personnel; technology transfer and commercialization; and economic development and trade opportunities
- Demonstrates leadership and establishes a new bilateral model that could be emulated by others
- Creates the opportunity to learn and benefit from each other, as it provides:
- Canadians the opportunity to benefit from the entrepreneurial approach and extreme
innovation that differentiates California
- Californians the potential to learn from Canada's innovation policy leadership, including
development of collaborative networking models, organization of resources and strategic investments
- Enables the development, attraction and retention of top RD&D talent, helping to create a
foundation for sustainable innovation, and support the continued development of a knowledge-based economy
- This is essential to increase the competitiveness of both jurisdictions, as countries such as China and India make significant and strategic investments in science, technology development and innovation
- Facilitates high-level, institutional collaborations (such as those between the University of California and Canadian universities) that might not otherwise occur
- This top down approach augments the grassroots partnerships that develop naturally
between individual researchers or teams, helping to create a broader, and more integrated network or ecosystem of innovation between California and Canada
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