DEVELOPMENT OF NEW ECONOMY VIA VENTURE CAPITAL AND INITIAL PUBLIC OFFERINGS IN TURKEY

Abstract

Small and medium size enterprises (SMEs) have an important impact on the development of new economy but SMEs have a need for venture capital (VC) and initial public offerings (IPOs) in order to grow. Therefore, It is very important to know how owners, managers and employees in the SMEs perceive the VC and IPOs in Turkey. A questionnaire is developed to understand these types of perceptions via focus groups. The questionnaire is distributed to the owners, managers and employees of SMEs that operate in Istanbul Technical University KOSGEB, Bogazici University KOSGEB and Yıldız Technical University KOSGEB.