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High tech

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AutomotiveBMWplant usingindustrial robotics technologyinLeipzig,Germany

High technology(high tech), also known asadvanced technology(advanced tech) orexotechnology,[1][failed verification]istechnologythat is at thecutting edge:the highest form of technology available.[2]It can be defined as either the most complex or the newest technology on the market.[3]The opposite of high tech islow technology,referring to simple, often traditional or mechanical technology; for example, aslide ruleis a low-tech calculating device.[4][5][6]When high tech becomes old, it becomes low tech, for examplevacuum tubeelectronics. Further, high tech is related to the concept of mid-tech, that is a balance between the two opposite extreme qualities of low-tech and high-tech. Mid-tech could be understood as an inclusive middle that combines the efficiency and versatility of digital/automated technology with low-tech's potential for autonomy and resilience.[7]

Startupsworking on high technologies (or developing new high technologies) are sometimes referred to asdeep tech;the term may also refer todisruptive innovationsor those based on scientific discoveries.[8]

High-tech, as opposed tohigh-touch,may refer to self-service experiences that do not require human interaction.[9]

History[edit]

Silicon Wadi,HaifaMatam High tech park

The phrase was used in a 1958The New York Timesstory advocating "atomic energy"for Europe:"... Western Europe, with its dense population and its high technology.... "[10]Robert Metz used the term in a financial column in 1969, saying Arthur H. Collins ofCollins Radio"controls a score of high technology patents in a variety of fields"[11]and in a 1971 article used the abbreviated form, "high tech".[12]

A widely used classification of high-technological manufacturing industries was provided by theOECDin 2006.[13]It is based on the intensity of research and development activities used in these industries within OECD countries, resulting in four distinct categories.[14]

Today, High tech consists a significant part of several economies. TheIsraeli economyhas the highest ratio in the world, with the high tech sector accounting for 20% of the economy, high tech consitsts 9.3% of theAmerican economyaccording to Statistca and CTech.[15][16]

Ranking of startup ecoystems[edit]

Multiple cities and hubs have been described as globalstartup ecosystems.GSER publishes a yearly ranking of global startup ecosystems.[17][18]The study does yearly reports ranking the top 40 global startup hubs.[18]

Rank Change

from 2023

Hub
1 Steady United StatesSillicon Valley
2 Steady United StatesNew York City
2 Steady United KingdomLondon
4 Increase(1) IsraelTel Aviv
4 Steady United StatesLos Angeles
6 Steady United StatesBoston
7 Increase(1) SingaporeSingapore
8 Decrease(1) ChinaBeijing
9 Increase(3) South KoreaSeoul
10 Increase(5) JapanTokyo

List of countries by high tech exports[edit]

The following is a list of the 15 largest exporting countries of high tech products by value in millions ofUnited States dollars,according to theUnited Nations.[19]

# Country Value Year
1 China 769,699.28 2022
2 Germany 223,370.84 2022
3 Hong Kong,China 194,079.88 2022
4 United States 166,435.57 2022
5 Vietnam 122,993.36 2022
6 South Korea 98,537.96 2022
7 France 95,753.98 2022
8 Singapore 94,102.98 2022
9 Netherlands 92,149.42 2022
10 Mexico 85,898.58 2022
11 Japan 83,102.74 2022
12 Ireland 80,006.33 2022
13 Switzerland 77,973.73 2022
14 United Kingdom 72,663.09 2022
15 Malaysia 66,214.45 2022

See also[edit]

References[edit]

  1. ^Advanced technology definition
  2. ^Cortright, Joseph; Mayer, Heike (January 2001).High Tech Specialization: A Comparison of High Technology Centers(PDF).Brookings Institution, Center on Urban & Metropolitan Policy.
  3. ^Steenhuis, H.; Bruijn, E. J. De (July 2006)."High technology revisited: Definition and position".2006 IEEE International Conference on Management of Innovation and Technology(PDF).Vol. 2. pp. 1080–1084.doi:10.1109/ICMIT.2006.262389.ISBN1-4244-0147-X.S2CID32767300.
  4. ^"Know How To Use a Slide Rule? - Slashdot".science.slashdot.org.28 September 2007.Retrieved2019-11-04.
  5. ^"Slide Rules Were the Original Personal Computers".5 November 2015.
  6. ^Slide Rules & Calculatorshttps:// tnmoc.org/slide-rules-calculators
  7. ^Kostakis, Vasilis; Pazaitis, Alex; Liarokapis, Minas (2023-06-20)."Beyond high-tech versus low-tech: A tentative framework for sustainable urban data governance".BigData&Society.10(1).doi:10.1177/20539517231180583.ISSN2053-9517.
  8. ^"What is Deep Tech and which startups are marking the road (not Uber)".Startup Business(in Italian). 2018-04-20.Retrieved2020-10-13.
  9. ^Williams, Howard (6 June 2019)."Do Customers Want High Tech or High Touch?".Home Business Magazine.Retrieved2020-03-22.
  10. ^"Atomic Power for Europe",The New York Times,February 4, 1958, p. 17.
  11. ^Metz, Robert (1969). "Market Place: Collins Versus The Middle Man",The New York Times,April 24, 1969, p. 64.
  12. ^Metz, Robert (1971). "Market Place: So What Made E.D.S. Plunge?",The New York Times,November 11, 1971, p. 72.
  13. ^Hatzichronoglou, Thomas: "Revision of the High-Technology Sector and Product Classification", OECD Science, Technology and Industry Working Papers, No. 1997/02, OECD Publishing, Paris.
  14. ^High Tech Trademarks by John Mendenhall, Art Direction Book Co; First Edition (January 1, 1985) ISBN 0881080241
  15. ^"Tech GDP as a percent of total U.S. GDP 2022".Statista.Retrieved2024-06-25.
  16. ^"For Israeli economy, no substitute for high-tech dominance".ctech.2024-06-04.Retrieved2024-06-25.
  17. ^Genome, Startup."Startup Genome".Startup Genome.Retrieved2024-06-13.
  18. ^abWrobel, Sharon (10 June 2024)."Tel Aviv moves up to 4th place in annual ranking of global tech ecosystems".
  19. ^High-technology exports (current US$)."United Nations, Comtrade database through the WITS platform".