Addressing Canada's Commercialization Crisis and Shortage of Venture Capital: Will the Federal Government’s Solution Work?
Lack of funding is a major challenge to innovation in Canada’s emerging technology industry. This article will focus on this supply-side challenge within the complex venture capital ecosystem and discuss: i) the current shortage of venture capital available to commercialize Canada’s R&D; ii) the...
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| Format: | Article |
| Language: | English |
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Carleton University
2013-09-01
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| Series: | Technology Innovation Management Review |
| Subjects: | |
| Online Access: | http://timreview.ca/sites/default/files/article_PDF/Hurwitz_TIMReview_September2013.pdf |
| _version_ | 1818154444915736576 |
|---|---|
| author | Stephen A. Hurwitz |
| author_facet | Stephen A. Hurwitz |
| author_sort | Stephen A. Hurwitz |
| collection | DOAJ |
| description | Lack of funding is a major challenge to innovation in Canada’s emerging technology industry. This article will focus on this supply-side challenge within the complex venture capital ecosystem and discuss: i) the current shortage of venture capital available to commercialize Canada’s R&D; ii) the causes and consequences of that venture capital shortage; iii) how the federal government will address this shortage through its innovative 2013 Venture Capital Action Plan, which commits $400 million and seeks to raise at least another $800 million from outside investors; and iv) how a separate decision in the federal 2013 budget to phase out federal tax credits for labour-sponsored venture capital funds could imperil the 2013 Venture Capital Action Plan. |
| first_indexed | 2024-12-11T14:26:37Z |
| format | Article |
| id | doaj.art-5c4a400dc16b486fafa7eef8d6bc5604 |
| institution | Directory Open Access Journal |
| issn | 1927-0321 |
| language | English |
| last_indexed | 2024-12-11T14:26:37Z |
| publishDate | 2013-09-01 |
| publisher | Carleton University |
| record_format | Article |
| series | Technology Innovation Management Review |
| spelling | doaj.art-5c4a400dc16b486fafa7eef8d6bc56042022-12-22T01:02:39ZengCarleton UniversityTechnology Innovation Management Review1927-03212013-09-01September 2013: Managing Innovation for Tangible Performance2631Addressing Canada's Commercialization Crisis and Shortage of Venture Capital: Will the Federal Government’s Solution Work?Stephen A. HurwitzLack of funding is a major challenge to innovation in Canada’s emerging technology industry. This article will focus on this supply-side challenge within the complex venture capital ecosystem and discuss: i) the current shortage of venture capital available to commercialize Canada’s R&D; ii) the causes and consequences of that venture capital shortage; iii) how the federal government will address this shortage through its innovative 2013 Venture Capital Action Plan, which commits $400 million and seeks to raise at least another $800 million from outside investors; and iv) how a separate decision in the federal 2013 budget to phase out federal tax credits for labour-sponsored venture capital funds could imperil the 2013 Venture Capital Action Plan.http://timreview.ca/sites/default/files/article_PDF/Hurwitz_TIMReview_September2013.pdf2013 Venture Capital Action PlanCanadacommercializationlabour-sponsored venture capital corporationsVCventure capital |
| spellingShingle | Stephen A. Hurwitz Addressing Canada's Commercialization Crisis and Shortage of Venture Capital: Will the Federal Government’s Solution Work? Technology Innovation Management Review 2013 Venture Capital Action Plan Canada commercialization labour-sponsored venture capital corporations VC venture capital |
| title | Addressing Canada's Commercialization Crisis and Shortage of Venture Capital: Will the Federal Government’s Solution Work? |
| title_full | Addressing Canada's Commercialization Crisis and Shortage of Venture Capital: Will the Federal Government’s Solution Work? |
| title_fullStr | Addressing Canada's Commercialization Crisis and Shortage of Venture Capital: Will the Federal Government’s Solution Work? |
| title_full_unstemmed | Addressing Canada's Commercialization Crisis and Shortage of Venture Capital: Will the Federal Government’s Solution Work? |
| title_short | Addressing Canada's Commercialization Crisis and Shortage of Venture Capital: Will the Federal Government’s Solution Work? |
| title_sort | addressing canada s commercialization crisis and shortage of venture capital will the federal government s solution work |
| topic | 2013 Venture Capital Action Plan Canada commercialization labour-sponsored venture capital corporations VC venture capital |
| url | http://timreview.ca/sites/default/files/article_PDF/Hurwitz_TIMReview_September2013.pdf |
| work_keys_str_mv | AT stephenahurwitz addressingcanadascommercializationcrisisandshortageofventurecapitalwillthefederalgovernmentssolutionwork |