Domestic - Commercialisation - Acceleration

In response to:

https://www.dhirubhai.net/posts/davidbrebner_economics-canada-pierrepoilievre-ugcPost-7206662609515802624-p5gJ?utm_source=share&utm_medium=member_desktop

Let me begin by stating that my comment here pertains only to public investment, and this is in response to elected officials advocating for a vision of long-term wealth preservation through corporate ownership and the long-term retention of domestic corporate headquarters.

FYI, examples such as https://premiumbrandsholdings.com/ and https://www.csisoftware.com/ may help with conceptualising.??

I believe that if governments outside of China and the USA commissioned a +/- 20 year report on the outcomes of public investments in venture capital, the findings would indicate a venture return on investment but a very limited result in net new head offices or long-term wealth preservation as advocated.?

FYI, further considerations include pre-revenue funding gap and the accredited investor rules established by securities commission.

The purpose of being publicly traded is to offer all citizens the opportunity in future to invest in a portfolio of domestic corporations, (especially when considering the general and applied research grants funded by tax dollars), as a component of one's long-term family wealth preservation strategy.?

Initially, a novel fund like this would be best led by a multi-partisan serial chief entrepreneur, with a veteran private equity general partner as the founding team. This partnership would ensure the best structure and strategy for approaching first customer contact.?

I propose that initial funding comes from domestic family offices seeking a strong national identity, followed by elected officials exploring a private equity approach once they realize publicly funded venture capital may not align with their vision for corporate headquarters and domestic ownership, and internalize venture capital is too downstream if they believe climate related science. Followed by institutional investors and retail investors once the fund is established.

The objective of Technology Readiness Level Two (TRL2) is to achieve domestic ownership upstream as far as possible, build a robust patent portfolio from the beginning (including fostering the ability to attract foreign scientists and their intellectual property), and enable veteran executive teams to provide due diligence and operate with a sense of urgency, driven by the belief that science can effectively address society's intricate challenges.?

Grant funded Innovation Centres play a role in networking, celebrating, public relations, and basic skill transfer. However, from my global observations, if we aim to better support willing entrepreneurs and brilliant scientists and expedite commercialization, introducing the concepts of executives-as-a-service for entrepreneurial founders and commercialization-as-a-service for non-entrepreneurial founders would yield superior results.?

I propose that the most effective way to support entrepreneurial citizens is directly, such as offering redeemable coupons for professional services, bypassing the costly need for government oversight or nonprofit intermediaries. For example, revenue models.

Commercialization-as-a-service would be financially connected with the publicly traded private equity fund and would follow the formula suggested in the image.

Clarifying questions welcome?

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