Vancouver’s Advantages and Challenges
Advantages
- High quality of life
- Excellent universities
- Skilled technical staff and project managers , low development costs
- Few leaders competing for new markets with new product concepts.
Threats
- Brain Drain impacts design, marketing, and business resources.
- Many investors are unfamiliar with technology opportunities.
- Conservative business culture limits risk-taking
Challenges
- Effective investment and business strategy requires insider understanding of markets and competitors
- Business plan execution requires rapid user-centred design and risk reduction software engineering know-how