Performance Reporting — Continued

Goal #3: Innovation, Science and Technology Transfer

Core Business: Encouraging Innovation and the Development and Transfer of New Knowledge
Objectives	Performance Measure	2002/03 Target	2002/03 Actual	Variance
Rebuild the national and international competitiveness of British Columbia's science and technology base.	Number of patent, Licences and spin-off companies.	10 per cent growth.	Achieved. 19.5 per cent growth.	Doubled target.
Promote technology investment, transfer and commercial-ization.	Implementation of the Premier's Technology Council's plan for bridging the digital divide.	Establish initial targets.	Achieved. Initial targets established, and a database of initial baseline information completed. Ministry of Management Services to monitor information.