cover image: Partners for Prosperity and Innovation – Part 1November 2020

20.500.12592/sjmf8x

Partners for Prosperity and Innovation – Part 1November 2020

12 Nov 2020

The bottom line is that only a small number of BAIs have fashioned a path to fiscal self-reliance, and the executive interviews do not engender confidence in the ability of a large number of BAIs to follow in their footsteps. [...] THE JURISDICTIONAL SCAN In the final phase of research, the DEEP Centre conducted a jurisdictional scan to illuminate the degree to which BAIs in other countries depend on public funding, the sources and methods for dispersing funds, and any measures taken to enhance the fiscal self- reliance of BAIs. [...] More specifically, the key objectives for the project included the following: Assess the viability of various revenue models for different types of BAIs operating in a variety of sectors and regions of the country. [...] What kinds of BAIs have been most successful in diversifying their revenue mix? Which revenue streams offer the most significant potential? Does the proportion and viability of different revenue streams differ across BAI types, sectors or regions of the country? Understand the impact of new revenue models on the companies BAIs choose to support, how they support them, and the outcomes they achieve. [...] BAIs may find that their funding becomes less predictable and stable as the presence of partnership income is subject to the whims of executives and the ups and downs of the business cycle.
Pages
53
Published in
Canada