Despite the abundance of talent and ambition emerging from top universities like the University of Waterloo and the University of Toronto, Canadian startups often fail to make a significant impact on the Canadian economy.
As someone who grew up in Canada, went to the University of Toronto, but has only ever worked and built (unsuccessful) businesses in the US, this is some interesting food for thought.
My two immediate followups are:
1. Analyzing Israel might be Israel since they seemingly manage to overcome this challenge.
2. Canadian companies like NordSpace with longer-term research initiatives and no short-term PMF really do need SR&ED, where/how would that fit in?
As someone who grew up in Canada, went to the University of Toronto, but has only ever worked and built (unsuccessful) businesses in the US, this is some interesting food for thought.
My two immediate followups are:
1. Analyzing Israel might be Israel since they seemingly manage to overcome this challenge.
2. Canadian companies like NordSpace with longer-term research initiatives and no short-term PMF really do need SR&ED, where/how would that fit in?