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Business Dynamism in High Tech (view source)
Revision as of 15:54, 19 February 2016
, 15:54, 19 February 2016no edit summary
===Target Audience===
*Geared towards Rice Thresher, Houston Chronicle? Layman who has an interest in the intersection of technology and business.
*Q: should I make it a research article, or more engaging?
===IntroDefining terms===How do you define "high tech"? You know it when you see it - it's Apple's iPhone 6S, Amazon Prime's 1 hour product delivery, it's a minute computer grid with blinking lights and beeping buttons - but what IS high tech? Taken one step further, . But how would can you define a universalize the definition of "high tech firmfirms"? In other words, what What are the characteristics of companies like Amazon and Apple that we can generalize to form a universal definition of a high tech firm?
One of the best definitions of this vague "high tech" comes from the [http://www.kauffman.org/~/media/kauffman_org/research%20reports%20and%20covers/2014/02/declining_business_dynamism_in_us_high_tech_sector.pdf Kauffman Institute], which defines a high-tech industry by the presence of four factors: a high proportion of scientists, engineers, and technicians; a high proportion of R&D employment; production of high-tech products, as specified on a Census Bureau list of advanced-technology products; and the use of high-tech production methods, including intense use of high-tech capital goods and services in the production process.
