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| Author: | Vitols, S. |
| Title: | Frankfurt's Neuer Markt and the IPO explosion: is Germany on the road to Silicon Valley |
| Journal: | Economy and Society
2001 : NOV, VOL. 30:4, p. 553-564 |
| Index terms: | CORPORATE GOVERNANCE HIGH TECHNOLOGY INITIAL PUBLIC OFFERINGS GERMANY |
| Language: | eng |
| Abstract: | The subsequent listing of over 300 Neuer Markt, many of them in technology-intensive sectors, has led to speculation that Germany is rapidly closing the gap with the U.S., the world leader in high technology. Contrary this view, this article suggests that these companies have more in common with traditional German small and medium-sized companies (SMEs) than with the Silicon Valley model of governance and innovation. |
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