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New page: ==Defining "high tech"== '''high tech''': a high-tech industry is defined by the presence of four factors: a high proportion of scientists, engineers, and technicians; a high proportion of...
==Defining "high tech"==
'''high tech''': a high-tech industry is defined 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 [http://www.kauffman.org/~/media/kauffman_org/research%20reports%20and%20covers/2014/02/declining_business_dynamism_in_us_high_tech_sector.pdf Kauffman]
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