Canada’s Business Development Bank weighs in on the ‘decline in the number of Canadian entrepreneurs’ A few days ago, I came across several articles in the Globe and Mail on a new study by the BDC and the University of Montreal. The study addressed a supposed decline in the number of Canadian ‘entrepreneurs’. “The study … Read more
PILGRIMAGE TO THE HOLY LAND (HUNTING FOR UNICORNS – PART 3) Government bureaucrats and high-tech CEOs from around the world make their bi-annual pilgrimage to Silicon Valley – DALL-E Image Creator As we’ve seen earlier, many factors probably contribute to a ‘healthy’ startup ecosystem. This article delves deeper into the private equity firms that fund … Read more
The Unicorn Kingdom A SURVEY OF FIVE COUNTRIES (AND THEIR STARTUP ECOSYSTEMS)(HUNTING FOR UNICORNS – PART 2) Hunting for Unicorns – Youtube.com According to CB INSIGHTS there are over 1,200 unicorns around the world. A unicorn company, or unicorn startup, is a private company with a valuation over $1 billion. As of July 2023, there … Read more
Unicorns don’t exist. So why are there so many of them? Unicorns are supposed to be mythical beasts. Yet, according to a 2019 article published in the World Economic Forum, there were 326 of them in 2017. And if the new PM of the United Kingdom has his way, we can expect to see more … Read more
Canada’s Falling Productivity (and what’s behind it) THE PRODUCTIVITY-EDUCATION LINK The conventional wisdom is that the more highly-educated the workforce, the greater the productivity should be. Most policy analysts and think tanks seem to reach the same conclusion. In September of 2019, Gwilym Croucher[1] wrote in OXFORD BIBLIOGRAPHIES: “Universities and colleges now demand a greater … Read more