High tech

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File:Vinfast's Electric Car Manufacturing in Vietnam.jpg
Electrical automotive VinFast plant using industrial robotics technology in Haiphong, Vietnam

High technology (high tech or high-tech), also known as advanced technology (advanced tech) or exotechnology,[1]Script error: No such module "Unsubst". is technology that is at the cutting 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 is low technology, referring to simple, often traditional or mechanical technology; for example, a slide rule is a low-tech calculating device.[4][5][6] When high tech becomes old, it becomes low tech, for example vacuum tube electronics. 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]

Startups working on high technologies (or developing new high technologies) are sometimes referred to as deep tech; the term may also refer to disruptive innovations or those based on scientific discoveries.[8]

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

History

File:Matam hi-tech park (Haifa).jpg
Matam high tech park in Silicon Wadi, Haifa, Israel

The phrase was used in a 1958 The New York Times story 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 of Collins 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 industries was provided by the OECD in 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]

In the 21st century, the high tech industry is a significant part of several advanced economies.[15] The Israeli economy has the highest ratio in the world, with the high tech sector accounting for 20% of the economy. High tech makes up 9.3% of the American economy according to Statista[16] and CTech.[17]

Ranking of startup ecosystems

Multiple cities and hubs have been described as global startup ecosystems. GSER publishes a yearly ranking of global startup ecosystems.[18][19] The study does yearly reports ranking the top 40 global startup hubs.[20]

Rank Change

from 2023

Hub
1 Template:Sort Template:Flagicon Silicon Valley
2 Template:Sort Template:Flagicon London
2 Template:Sort Template:Flagicon New York City
4 Template:Sort Template:Flagicon Tel Aviv
4 Template:Flagicon Los Angeles
6 Template:Flagicon Boston
7 Template:Sort Template:Flagicon Singapore
8 Template:Sort Template:Flagicon Beijing
9 Template:Sort Template:Flagicon Seoul
10 Template:Sort Template:Flagicon Tokyo
11 Template:Sort Template:Flagicon Shanghai
12 Template:Sort Template:Flagicon Washington, D.C.
13 Template:Sort Template:Flagicon Amsterdam-Delta
14 Template:Sort Template:Flagicon Paris
15 Template:Sort Template:Flagicon Berlin
16 Template:Sort Template:Flagicon Miami
17 Template:Sort Template:Flagicon Chicago
18 Template:Sort Template:Flagicon Toronto-Waterloo
19 Template:Sort Template:Flagicon San Diego
20 Template:Sort Template:Flagicon Seattle
21 Template:Flagicon Bengaluru-Karnataka
21 Template:Flagicon Sydney
23 Template:Flagicon Stockholm
24 Template:Flagicon Delhi
25 Template:Sort Template:Flagicon Philadelphia
26 Template:Flagicon São Paulo
27 Template:Flagicon Austin
28 Template:Sort Template:Flagicon Shenzhen
29 Template:Flagicon Atlanta
30 Template:Flagicon Denver-Boulder
31 Template:Sort Template:Flagicon Zurich
32 Template:Sort Template:Flagicon Melbourne
33 Template:Sort Template:Flagicon Munich
34 Template:Flagicon Vancouver
35 Template:Flagicon Salt Lake-Provo
36 Template:Sort Template:Flagicon Hangzhou
37 Template:Flagicon Mumbai
38 Template:Flagicon Dallas
39 Template:Sort Template:Flagicon Montreal
40 Template:Sort Template:Flagicon Copenhagen
40 Template:Flagicon Greater Helsinki

List of countries by high tech exports

Template:Update section The following is a list of the 15 largest exporting countries of high tech products by value in millions of United States dollars, according to the United Nations.[21]

# Country Value Year
1 Template:Flagcountry 769,699.28 2022
2 Template:Flagcountry 223,370.84 2022
3 Template:Flagcountry 194,079.88 2022
4 Template:Flagcountry 166,435.57 2022
5 Template:Flagcountry 122,993.36 2022
6 Template:Flagcountry 98,537.98 2022
7 Template:Flagcountry 95,753.98 2022
8 Template:Flagcountry 94,102.98 2022
9 Template:Flagcountry 92,149.42 2022
10 Template:Flagcountry 85,898.58 2022
11 Template:Flagcountry 83,102.74 2022
12 Template:Flagcountry 80,006.33 2022
13 Template:Flagcountry 77,973.73 2022
14 Template:Flagcountry 72,663.09 2022
15 Template:Flagcountry 66,214.45 2022

See also

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References

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  1. Advanced technology definition
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  6. Slide Rules & Calculators https://www.tnmoc.org/slide-rules-calculators
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  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) Template:ISBN
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