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Record W3141519879

Venture Capital Policies in Canada

2003· preprint· en· W3141519879 on OpenAlexaboutno aff
GÃ ⁄ nseli Baygan

Bibliographic record

VenueRePEc: Research Papers in Economics · 2003
Typepreprint
Languageen
FieldBusiness, Management and Accounting
TopicPrivate Equity and Venture Capital
Canadian institutionsnot available
Fundersnot available
KeywordsVenture capitalPrivate equityBusinessSocial venture capitalCapital (architecture)Equity (law)Financial systemFinancePolitical scienceGeography
DOInot available

Abstract

fetched live from OpenAlex

Canada has one of the highest levels of venture capital investment as a share of GDP among OECD countries. Between 1995 and 2001, Canada realised phenomenal growth in venture capital supply and the creation of over 200 new venture capital funds. However, the largest share of Canadian venture capital goes to follow-on funding of smaller firms -- rather than to new deals involving start-ups -- and to traditional manufacturing sectors. In the late 1990s, the Canadian government began attempts to diversify the sources of venture funds through liberalising rules for institutional and foreign investors, modifying tax incentives and introducing government equity funds. Foreign investors, particularly from the United States, are now the major players and are targeting their funding to technology-based start-ups. This paper analyses trends in Canadian venture capital markets and makes policy recommendations which have been developed through an OECD peer review process ... Politiques de capital-risque au Canada ExprimA©s en pourcentage du PIB, les niveaux d’investissement en capital-risque du Canada sont parmi les plus A©levA©s des pays Membres de l’OCDE. Entre 1995 et 2001, la croissance de l’offre de capital-risque y a A©tA© phA©nomA©nale et plus de 200 fonds nouveaux de capital-risque se sont crA©A©s. Toutefois, l’essentiel du capital-risque canadien est consacrA© A la poursuite du financement de petites et moyennes entreprises (PME) – et non de nouveaux dossiers impliquant de jeunes entreprises – et aux secteurs manufacturiers traditionnels. A€ la fin des annA©es 1990, les pouvoirs publics canadiens se sont lancA©s dans des tentatives de diversification des sources de capital-risque en libA©ralisant la rA©glementation applicable aux investisseurs institutionnels et A©trangers, en modifiant les avantages fiscaux et en crA©ant des fonds publics de participation au capital. Les investisseurs A©trangers – amA©ricains notamment – sont maintenant les principaux acteurs du secteur ; leurs financements ciblent ...

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.639
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.000
Bibliometrics0.0010.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0010.002
Research integrity0.0000.002
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.025
GPT teacher head0.262
Teacher spread0.237 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations4
Published2003
Admission routes1
Has abstractyes

Explore more

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