Barriers to competition limit the incentives of firms to innovate, cut costs and expand their activities.
Tax reductions increase the expected net income from entrepreneurial innovation.
In a system of crony capitalism, firms and individuals compete for government favours rather than consumer dollars.
The only truly pro-business policies foster competitive markets and produce a more level playing field.
For the 45 research projects approved, almost $100 million had been committed but not necessarily spent.
Every year in Canadian and U.S. grocery stores, 20,000 new products are tried out.