-We have used this cross subsidisation to create an economic engine for IT in the US," Berkeley said. -We can offer a veritable fire-hose of capital to fund companies from all over the world."
Not only did Berkeley use the speaking event to evangelise the NASDAQ role in the economic development, he also called for a greater emphasis on maths and science education.
-We need to be encouraging an education in mathematics and science," Berkeley said. -We need more engineers."
Lamenting a lack of access to seed funding and investment in research and development Berkeley spoke of the Community of Science, a Web site which provides a comprehensive list of science and research grants totaling up to US$33 billion dollars.
-About half of these grants are restricted by geography, or other constraints, but the other half can be accessed from anywhere in the world," Berkeley said.
