BlackBerry's Balsillie Says Canada Needs New IP Strategy

The video discusses the critical role of intellectual property (IP) in the innovation economy, emphasizing the need for a national IP strategy. It highlights concerns about the current perception of IP as a niche area and stresses the importance of integrating IP into the core of economic strategies. The speaker advocates for a shift from traditional infrastructure to digital policy infrastructure, which is essential for a successful innovation economy. The video also clarifies the difference between invention and innovation, emphasizing the need for commercialization and scaling of ideas to achieve true innovation.

What does the speaker mean by confusing protection with generation in the context of IP?

In what ways does the speaker suggest that innovation should be defined?