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High tech

(Redirected fromHigh technology)
For other uses, seeHigh tech (disambiguation).

High technology (high tech orhigh-tech), also known asadvanced technology (advanced tech) orexotechnology,[1][failed verification] istechnology that 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, oftentraditional or mechanical technology; for example, aslide rule is a low-tech calculating device.[4][5][6] When high tech becomes old, it becomes low tech, for examplevacuum 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]

Electrical automotiveVinFast plant usingindustrial robotics technology inHaiphong, Vietnam

Startups working on high technologies (or developing new high technologies) are sometimes referred to asdeep tech; the term may also refer todisruptive innovations or 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

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Matam high tech park inSilicon Wadi,Haifa, Israel

The phrase was used in a 1958The 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 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 industries was provided by theOECD 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. TheIsraeli 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 theAmerican economy according toStatista[15] andCTech.[16]

Ranking of startup ecosystems

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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.[19]

RankChange

from 2023

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

List of countries by high tech exports

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This section needs to beupdated. The reason given is: 2023 data is available; see source given.. Please help update this article to reflect recent events or newly available information.(November 2024)

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.[20]

#CountryValueYear
1  China769,699.282022
2  Germany223,370.842022
3  Hong Kong194,079.882022
4  United States166,435.572022
5  Vietnam122,993.362022
6  South Korea98,537.982022
7  France95,753.982022
8  Singapore94,102.982022
9  Netherlands92,149.422022
10  Mexico85,898.582022
11  Japan83,102.742022
12  Ireland80,006.332022
13   Switzerland77,973.732022
14  United Kingdom72,663.092022
15  Malaysia66,214.452022

See also

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Look uphigh tech in Wiktionary, the free dictionary.

References

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  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"(PDF).2006 IEEE International Conference on Management of Innovation and Technology(PDF). Vol. 2. pp. 1080–1084.doi:10.1109/ICMIT.2006.262389.ISBN 1-4244-0147-X.S2CID 32767300. Archived fromthe original on 2023-10-28. Retrieved2023-07-22.
  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://www.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.ISSN 2053-9517.
  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. ^Wrobel, Sharon (10 June 2024)."Tel Aviv moves up to 4th place in annual ranking of global tech ecosystems".
  19. ^"Global Startup Ecosystem Ranking 2024 (Top 40)".Startup Genome. Retrieved2024-08-15.
  20. ^High-technology exports (current US$)."United Nations, Comtrade database through the WITS platform".

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