Building World Class Canadian High Technology Companies

Résumé du livre

Although Canada has a good infrastructure in place for creating high-tech companies and growing them to a reasonable size ($1 0M to $20M in annual sales), very few of them become large multinational companies (sales in excess of $100 million) with their corporate headquarters in Canada. One of the reasons is that many of them are purchased by foreign buyers (mainly U.S.) at an early stage and merged into their worldwide corporate structures. It is becoming very common for such buyers to leave only the R & D function in Canada along with an administrative support function and carry out all other functions (Selling, Marketing, Operations, etc.) elsewhere in their corporate structures.