Chart 3
Obstacles to innovation faced by Canadian businesses, 2019

Lack of skills Uncertainty and risk Market size Internal financing External financing Regulatory or government competition policy Finding and reaching agreement with collaborator Intellectual property (IP) protection Other obstacles to innovation 0 5 10 15 20 25 30 35 percentage of all businesses
Source(s):

Chart description


This is a bar clustered chart.

Obstacles to innovation faced by Canadian businesses, 2019
  percentage of all businesses
Lack of skills 29.7
Uncertainty and risk 29.3
Market size 19.0
Internal financing 15.6
External financing 12.2
Regulatory or government competition policy 11.5
Finding and reaching agreement with collaborator 7.2
Intellectual property (IP) protection 4.0
Other obstacles to innovation 6.3
Source(s):
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