As key drivers of Ontario’s knowledge-based economy, research hospitals contribute to a wealthier province by creating innovative, cost-effective products, establishing spin-off companies and partnerships, attracting investment from at home and abroad, and generating high-level jobs.
Across the province, communities are moving towards knowledge-based economies, and Ontario’s research hospitals are helping them get there. To illustrate that transformation, we took a focused look at the city of Hamilton. Traditionally known as Ontario’s steel town, the city has seen significant growth and renewal as a result of its health research sector. And, in the words of Mayor Fred Eisenberger, that growth feeds on itself.