The Most Favored Nations for High-Tech Companies

Photographer: Peter Foley/Bloomberg

The Nasdaq MarketSite in New York. Close

The Nasdaq MarketSite in New York.

Close
Open
Photographer: Peter Foley/Bloomberg

The Nasdaq MarketSite in New York.

For tech startups looking to go public, there's no better place than the U.S., as Tableau Software reminded us last week.

The provider of digital charting tools raised $254 million, the largest initial public offering for a U.S. tech company this year. Tableau delivered an off-the-charts return of more than 3,000 percent on its opening day to New Enterprise Associates, an early investor.

But beyond the U.S., what other countries are hospitable to high-tech public offerings?

Bloomberg Rankings set out to answer that question by examining about a hundred countries to determine which had the highest percentage of public companies in high-tech. Companies in that industry specialize in aerospace and defense, biotechnology, hardware, software, Internet software and services, semiconductors, and renewable energy.

Here's what they found:

Country (% of public companies in high-tech)

  1. United States (22.9)
  2. Netherlands (19.0)
  3. Sweden (18.1)
  4. Germany (16.7)
  5. South Korea (16.2)
  6. Israel (14.7)
  7. France (11.1)
  8. Denmark (10.9)
  9. Finland (10.1)
  10. Switzerland (9.2)

(Note: Only companies that have been public a year or longer and have a market value of at least $1 million were included. Also, countries with fewer than 100 publicly listed companies overall were excluded.)

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.