The Vancouver Sun reports that Leading Edge BC, a major facilitator in British Columbia's high-tech sector, is being absorbed by the provincial government. After what industry players call a very successful two years of independent operation, does it make sense for the government to absorb Leading Edge BC's services?

Anyone who has worked hand-in-hand with government will tell you that speed and innovation are not characteristics we associate with that sector. Governments can play a significant role promoting businesses. No one will argue with that. But it takes quick decision making to turn a good idea into a viable start up business. If anything, the high-tech sector needs more arms length non-profit organizations to act as facilitators.

Traditionally, these organizations are led or guided by successful entrepreneurs. They know how hard it is to get market traction, find money, and build products. They also know that bureaucracy can just as easily kill a company as help it. That's why it seems counterintuitive to take a successful agency and, basically, neuter it.

Is this a best-practice decision? I doubt it but I'd like to know what prompted the BC government to make it. Does anyone know?