@article {725, title = {Addressing Canada{\textquoteright}s Commercialization Crisis and Shortage of Venture Capital: Will the Federal Government{\textquoteright}s Solution Work?}, journal = {Technology Innovation Management Review}, volume = {3}, year = {2013}, month = {09/2013}, pages = {26-31}, publisher = {Talent First Network}, address = {Ottawa}, abstract = {Lack of funding is a major challenge to innovation in Canada{\textquoteright}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{\textquoteright}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.}, keywords = {2013 Venture Capital Action Plan, Canada, commercialization, labour-sponsored venture capital corporations, VC, venture capital}, issn = {1927-0321}, doi = {http://doi.org/10.22215/timreview/725}, url = {http://timreview.ca/article/725}, author = {Stephen A. Hurwitz} }