TITLE:
Listing Foreign Firms on Nasdaq and NYSE: Impact of Venture Capital and Research Institute
AUTHORS:
Mustafa Şeref Akın
KEYWORDS:
Nasdaq, NYSE, Enterpreneurial Capitalism, Venture Capital, Research Institutions, Startups
JOURNAL NAME:
iBusiness,
Vol.3 No.4,
December
9,
2011
ABSTRACT: Using a cross-section of Nasdaq and NYSE-listed foreign companies, we examine the impact of financial and innovation variables on the registration. We find a strong association between the variables and Nasdaq. This suggests that Nasdaq-type financial stock market has a link with the enterpreneurial ecosystem. The availability of high-tech firms is strongly associated with funding and research availabilities.