Text table 2
Average and median costs associated with the most
recently developed new technology or most recently modified existing technology
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User innovator type | Percent difference | ||
---|---|---|---|
Technology modifier | Technology developer | ||
Average total cost of labour | 228,604 | 427,863 | 87.2 |
Average cost of machinery, equipment, and materials | 405,564 | 567,966 | 40.0 |
Average total cost | 630,742 | 1,007,345 | 59.7 |
Median total cost of labour | 20,000 | 77,123 | 385.6 |
Median cost of machinery, equipment, and materials | 40,000 | 75,000 | 87.5 |
Median total cost | 70,250 | 200,000 | 284.7 |
Source(s):
Statistics Canada, Survey of Advanced Technology 2007.
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