Technology
The two Innovation Place Research Parks immediately adjacent to Regina and Saskatoon Universities host several science and technology companies which conduct research activities in conjunction with University departments. Given Saskatchewan's booming economy and recent change of government, the shape of higher education in the province may be changing. Modern diversification has meant that now agriculture, forestry, fishing, and hunting together make up only 6.8% of the province's GDP. Not until the 1970s did the economy begin to shift from agri-base to industrial-based activity, although agriculture continues to dominate the economy of the city and province. Saskatchewan predominates as the largest producer of biofuels. Ethanol, biodiesel, and biogas are produced from Canola, barley, and wheat.
A third innovation place research park has earned the Leadership in Energy and Environmental Design (LEED) award at the Prince Albert location named Forest Centre. The three parks contribute approximately $592 million to the provincial economy annually.
Read more about this topic: Economy Of Saskatchewan
Famous quotes containing the word technology:
“Technology is not an image of the world but a way of operating on reality. The nihilism of technology lies not only in the fact that it is the most perfect expression of the will to power ... but also in the fact that it lacks meaning.”
—Octavio Paz (b. 1914)
“The real accomplishment of modern science and technology consists in taking ordinary men, informing them narrowly and deeply and then, through appropriate organization, arranging to have their knowledge combined with that of other specialized but equally ordinary men. This dispenses with the need for genius. The resulting performance, though less inspiring, is far more predictable.”
—John Kenneth Galbraith (b. 1908)