Creating World-Class Companies

Creating World-Class Companies

One reason that Canadian companies fail to become world-class is that we aren’t starting the right types of companies. The world’s leading research-intensive companies operate in four major markets: life sciences, automotive, hardware and electronics, and software. And almost all of the leading companies in these fields serve either consumers or a combination of consumers and businesses.

But Canada is not known for its ability to create and grow companies that serve consumers. If we want to create world-class companies we need to create them in world-class markets and these are predominantly consumer markets.

Physical Technologies

Physical Technologies

A distinct part of Canada’s innovation challenge is in the commercialization of inventions. We invent but we often fail to commercialize our own inventions, preferring to license the technology to others instead. This Impact Brief examined how the lack of appropriate...
Great Expectations

Great Expectations

Every year entrepreneurs across Canada set out to raise capital, capturing their vision and optimism for their ventures in the form of business plans and financial forecasts that are eventually presented to venture capitalists (VCs). Because you don’t get what you...
The Rich Get Richer

The Rich Get Richer

Canadian VC deal sizes continue to lag those in other countries. Canadian venture capitalists invested $3.2 billion CDN in 530 deals for an average deal size of $4.9 million US in 2016. Meanwhile, American VCs invested $69.1 billion in 8,136 deals for an average deal...
Government Venture Capital

Government Venture Capital

The Business Development Bank of Canada’s venture capital arm (BDC) and MaRS Investment Accelerator Fund (IAF) were each established at a time when Canadian venture and seed capital were in short supply. However, since Canada’s innovation ecosystem has been criticized...