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focus on investment activity at the local level with reference to data from Canada and the U.S. We provide statistics which … to Canada and Ontario. We consider the VC market in Ontario, Canada, and abroad, drawing on extensive data from the …
Persistent link: https://www.econbiz.de/10013064832
This paper presents evidence about the shortfall of venture capital in Canada relative to comparable regions in the … United States, despite massive government spending on governmental venture capital programs in Canada. The Government of … Canada committed $500 million towards venture capital in 2013 through the Venture Capital Action Plan. The Government of …
Persistent link: https://www.econbiz.de/10012979832
Numerous innovative Canadian new technology-based firms migrate abroad when local venture capitalists exit. This article aims to determine how common this type of exit is, and to understand the motivations behind and the consequences of these migrations. We use a mixed-methodology approach,...
Persistent link: https://www.econbiz.de/10013053107
exits in Canada for the years 1991 to 2004. The data provide strong support for the conjecture that the ability to mitigate …
Persistent link: https://www.econbiz.de/10014214816
This paper introduces a dataset on forms of finance used in 12,363 Canadian and US venture capital and private equity financings of Canadian entrepreneurial firms from 1991 to 2003. The data comprise different types of venture capital institutions, including corporate, limited partnership,...
Persistent link: https://www.econbiz.de/10014068773
Private independent limited partnership venture capital funds receive capital from institutional investors, without tax incentives. Limited partnership investment activities are governed by restrictive covenants that are determined by negotiated contract between the fund managers (general...
Persistent link: https://www.econbiz.de/10011514156
Private independent limited partnership venture capital funds receive capital from institutional investors, without tax incentives. Limited partnership investment activities are governed by restrictive covenants that are determined by negotiated contract between the fund managers (general...
Persistent link: https://www.econbiz.de/10001733372
The future of the western industrialized economies, including Canada, depends on healthy and innovative high …, this paper serves as a much-needed corrective, offering policy makers clear guidance in securing Canada's economic future …
Persistent link: https://www.econbiz.de/10013108430
Two models of default risk are prominent in the financial literature: Merton's structural model and Altman's reduced-form model. The former has the benefit of being responsive, since the probabilities of default can continually be updated with the evolution of firms' asset values. Its main flaw...
Persistent link: https://www.econbiz.de/10012733855
Canada. Based on Miglo (2018), we compare the predictions of major theories of entrepreneurial finance (flexibility theory of … SMEs in Canada. On the other hand, tax theory of capital structure does not seem to play a significant role for SMEs as …
Persistent link: https://www.econbiz.de/10012897102