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David Valliere - Ted Rogers School of Management. Toronto, ON, CA

David Valliere David Valliere

Associate Professor | Ted Rogers School of Management

Toronto, ON, CANADA

David Valliere is an expert in entrepreneurship, strategy, and venture finance.





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Dr. Dave Valliere is a professor of entrepreneurship and business strategy at the Ted Rogers School of Management, and the Director of the Entrepreneurship Research Institute at Ryerson University in Toronto, Canada. Dr. Valliere teaches award-winning courses in technology commercialization, business model development, and entrepreneurial finance. He is currently leading a twelve-country international research program to investigate the social and cultural determinants of entrepreneurial intent. His research is published in high-quality journals like Journal of Business Venturing, Entrepreneurship and Regional Development, and Venture Capital. Prior to joining academia he has worked as a software and telecom engineer, an entrepreneur, a corporate executive, a commercial banker, and a venture capitalist. With over 30 years of experience in industry, and graduate degrees in both business and engineering, Dr. Valliere brings a very broad perspective to the challenges of funding the launch and growth of technology-based new ventures.

Areas of Expertise (3)

Venture Finance Entrepeneurship Strategy


Accomplishments (3)

2014 Best Paper Award (professional)

6th IICIES Conference

2014 Senior Award (professional)

Coller Institute of Venture, Tel Aviv University

2012 Dean’s Scholarly Research and Creative Award (professional)

Ryerson University

Education (4)

Open University: Ph.D.

Western University: M.B.A.

University of Toronto: M.Eng.

University of Toronto: B.A.Sc.

Selected Media Appearances (3)

Is your business idea any good? Here's how to tell

Financial Post  online


As Dave Valliere, a Ryerson entrepreneurship professor notes in the book, overcoming this bias requires a rigorous mindset. “To avoid confirmation bias, spend your time trying to find information that refutes your beliefs instead of more information that supports them.”

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Yellow Pages to end home delivery of print directories in some areas

Toronto Star  online


Dave Valliere, a professor at Ryerson University’s Ted Rogers School of Management, said this shift to digital is a step in the right direction but may be coming too late. (...)

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Facebook IPO: Wanna buy a share? Why Canadian investors will mostly be out of luck

Toronto Star  online


Average investors who try to buy shares when Facebook (FB) begins trading on the Nasdaq Stock Market will see large price swings throughout the first trading day, and small investors could pay vastly greater sums than the anticipated $34-38 initial price range, said Ryerson University business professor Dave Valliere. (...)

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Selected Articles (5)

Belief patterns of entrepreneurship: exploring cross-cultural logics International Journal of Entrepreneurial Behavior & Research

Dave Valliere


Under the theory of planned behaviour (TPB), subjective norms are important antecedents of entrepreneurial intent. But little is known about the forces that shape these. Hofstede’s national culture has implicated, but the conceptual distance between it and subjective norms is wide. The purpose of this paper is to explore an intermediate level to propose a mechanism by which national cultures give rise to individual beliefs about entrepreneurship.

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Multidimensional entrepreneurial intent: an internationally validated measurement approach International Journal of Entrepreneurial Behavior & Research

Dave Valliere


Entrepreneurial intent (EI) is a foundational construct in theories of entrepreneurship. But three challenges currently threaten the author’s ability to accurately measure EI. First, previous measurement approaches have confounded EI with closely related but theoretically distinct constructs such as attitudes and beliefs about entrepreneurship. Second, they have treated EI as an “all-or-nothing” decision, without reflecting the step-wise commitment of the entrepreneuring process. And finally, much of past EI research has been done in Western developed countries without validation in a diverse international context in which unstated assumptions about the EI construct may not hold. The purpose of this paper is to report on the development of a new EI scale that addresses these issues.

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Towards a schematic theory of entrepreneurial alertness Journal of Business Venturing

Dave Valliere


This article is an investigation into Kirzner's concept of entrepreneurial alertness — its mechanism and its antecedents. By drawing from decision theory and schema theory, a model is developed to show how changes in the environment are mediated by entrepreneurial alertness and brought to the situated attention of entrepreneurs for evaluation. Entrepreneurial alertness is seen to be the application of unique schemata that allow the entrepreneur to impute meaning to environmental change that would not be imputed by other managers. It is argued that the alertness that allows entrepreneurs to see opportunity where others do not arises from differences in schematic richness, schematic association, and schematic priming. These three antecedents may therefore form a basis on which enhanced entrepreneurial alertness can be developed.

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Exploring Buddhist influence on the entrepreneurial decision International Journal of Entrepreneurial Behavior & Research

Dave Valliere


The purpose of this paper is to explore the role that socio‐religious context plays in the decision of whether to become and entrepreneur, and what type of new business venture to create.

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When entrepreneurs choose VCs: Experience, choice criteria and introspection accuracy Venture Capital

Dave Valliere, Rein Peterson


This study examines the criteria by which entrepreneurs choose their venture capital investors, using data from 59 entrepreneurs evaluating the relative importance of seven selection criteria. We divided our sample into three approximately equal subsamples, according to the degree of previous venture capital experience of the entrepreneur. These data suggests that novice entrepreneurs value the seven criteria differently from more experienced entrepreneurs, and in practice value these criteria differently from what they espouse. All groups of entrepreneurs consider valuation to be the primary criterion, and also view the terms and conditions of the investment deal as important. But as entrepreneurs gain experience they increasingly value the personal compatibility of the VC as important in their selection. Other differences between inexperienced and experienced entrepreneurs are reported for secondary selection criteria. These results recommend caution in the use of espoused data for future empirical research in this area, and suggest practical negotiating strategies for participants in this market.

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