????????????? ???? ????????????
百度 如果这种情况持续下去，大量新三板企业蜂拥参与IPO，势必造成IPO排队拥堵，加大IPO的排队时间成本，安信证券新三板研究团队这样认为。
??????????? ???????? ? ?? ?????? ???????? - ?????? ???????? ? ?? ??????????? ?????? ??????? ?? ??????? ??????? ??????????? ????? ??????? ??? ???? ??????? ????? ???? ???????? ???????? ???????? ???????? ???????? ??? ???????? ????????.???? ????? ??? ????? ??????? ??? ???? ???????????? ??? ???? ??????? ???????? ???? ?????? ???????? ????? ?????? (????????? ???????)? ?????? (????? ????? ??????? ?????????) ? ?????? ???????? ????????? (??????????? ????????).
??????????? ???????? ?? ???????? ?? ?? ??????? ???????????? ????????????? ??? ?????? ???? ?????? ?????? ????. ????? ??????? ???????? ?????????? ???? ?????? ? ?? ??????????? ??? ????? ???? ??? ??? ????? ?????? ???????? ????? ?????? ????? ???? ??????? ??????????? ???? ?????????????? ????. ???? ????? ??????????? (Robert A. Dahl, Gregory Houston ? Ian Liebenberg ????? ????????) ??????? ??????????? ????????? ???? ?????????? ???????. ???????? ???????? ???????? ???? ??????? ?????? ????????????? ????? ?????. ????? ????????? ??????????? ????? ?????????? ? ?? ????? ??????????? ???????? ????????? ?? ?????????? ??? ?????? ? ?? ????? ?????? (???? ???????????? ?? ??????? ??????) ????? ????????? ?? ???????????? ???? ??????? ?????.[?]
- ^ Loeper, Antoine (2016). "Cross-border externalities and cooperation among representative democracies". European Economic Review. 91: 180–208
