Similarly, What are the characteristics of high technology industries?
High-tech industry is characterized by robotics on the assembly line, computer-aided design (CAD) and production, electronic controls of smelting and refining processes, and the continuous creation of new goods.
Also, it is asked, What is high-tech industry?
“High tech” is a word used to describe economic and industrial sectors that stress technological advancement. High-tech sectors are crucial in today’s economy, and they frequently pay much more than other industries.
Secondly, What are two examples of high-tech industries?
Computers are an example of a hi-tech industry. Telecommunications. Military and aerospace equipment.
Also, What factors affect high technology industries to an area?
Government regulations, demand considerations, the region’s technological level, and infrastructure, according to Czarnitzki, are the primary variables influencing the growth of high-tech industry (Czarnitzki and Thorwarth, 2012).
People also ask, What are the three characteristics common to high-tech environments?
According to Mohr (2000), high-tech industries must have three characteristics: market unpredictability, technological uncertainty, and competitive volatility, and a product cannot be deemed high-tech if it lacks one of these traits.
Related Questions and Answers
What characteristics differentiate high and low technology companies?
Low-tech refers to new technology that is intended to be as simple as feasible. The phrase may also be used to describe outmoded technology that has simply become obsolete. The word “high tech” refers to relatively new technology with sophisticated characteristics.
What are high technology products?
A high-tech product is a subset of a product that includes the practical application of contemporary scientific and technological knowledge and often necessitates significant R&D expenditures.
Is it high-tech or high-tech?
The words high tech and high technology are also used. The two words should be joined by a hyphen (-) when used as an adjective in front of a noun, as demonstrated below: a cutting-edge solution industries that are high-tech
What are high technology industries explain with two points Class 12?
Answer: the high-tech sector. This generation of manufacturing industries is the most recent. It combines the use of extensive research and development with the production of superior scientific and technical goods.
What are tech industries?
Companies that create, produce, or distribute electronic devices including computers, computer-related equipment, computer services and software, scientific instruments, and electronic components and goods make up the technology sector.
What do you understand by high technology industries 12?
Answer: It’s simply referred to as “high-tech industry,” and it refers to the most recent generation of industrial activity. It is best defined as the use of rigorous Research and Development (R & D) activities that result in the manufacture of sophisticated scientific and technical goods.
Where are high technology industries located?
Although the bulk of high technology firms are concentrated in large metropolitan areas, the development and geographical dispersion of “high technology,” or “knowledge heavy,” sectors is a top objective for both local governments and the national government.
Why do high technology firms locate next to each other?
When companies are located near together, they might share employees. This allows individuals to discover their strengths and for businesses to recruit productive workers for their specific manufacturing item, even if a person would be better suited to work for a different company. This is also related to the concept of labor matching.
What are the 3 characteristics of technology?
Technology’s 10 Characteristics and Their Impact on.Ubiquity The condition or ability of being everywhere is known as ubiquity. Magnification. Accessibility. Reproducibility. Disposability/lack of accountability Temporality. Surveillability. Relationships are shifting.
What is high-tech industry geography?
Hi- Those sectors that employ research and technology to develop high-value goods, such as pharmaceuticals and electronics, are known as tech industries.
What is high end technology?
High technology (high tech), sometimes known as advanced technology (advanced tech) or exotechnology, is cutting-edge technology. It is the most sophisticated kind of technology currently accessible. It is either the most complicated or the most recent technology on the market.
What is the difference between low-tech and high-tech assistive technology?
A no/low-tech gadget necessitates the use of an external device that is either non-electronic or extremely basic electronic. A high-tech gadget is a sophisticated electronic device that allows for the storing and retrieval of communications, with many of them including voice output.
What are examples of high-tech assistive technology?
High-Tech Assistive Technology Comes in a Variety of Forms: Devices for augmentative and alternative communication. Wheelchair that is powered by electricity. A gadget that sends out alerts. Alternatives to the mouse Alternatives to the keyboard Screen readers are devices that read text on a screen. Magnifiers for the computer screen Converting text to speech: Kurzweil; Ureader; Read & Write; Built-in on Mac OS;
What are the 5 examples of technology?
Some examples of more modern communication technology are listed below: Television. Television sets send out signals that allow us to listen to and see audio and video material. Internet. Mobile phones. Computers. Circuitry. Artificial intelligence (AI) is a term that refers to Software. The use of audio and video technologies.
What are the five products of technology?
In the spirit of staying current with technology, here are 5 things that you can use right now to age in place. Phones that can be used on the go. Here are five examples of technology that you may use right now. Lights that turn on automatically. Monitoring of activity and health. Tablet computers are portable computers. Cabinets that are fully automated.
What is the mean of high?
high, tall, lofty all refer to being taller than the typical person. The term “high” refers to items that rise from a basis or foundation or are set at a noticeable height above a lower level.
What is the infer meaning of high-tech?
: a branch of technology concerned with the creation or use of advanced or complex equipment. Other high-tech phrases. The term “high-tech” is used to describe anything that is technologically advanced.
Which of the following is not a factor affecting of industry?
Population Density is the right answer. Industry tends to be a source of pollution (noise, sound, air, water, and so on!) and therefore inconvenient for ecosystems nearby, hence population density is not a recommended quality for an industrial area.
What is meant by high-tech industry Upsc?
Answer. The current generation of industrial activity is known as high technology, or simply high-tech. It’s best defined as the use of rigorous research and development (R & D) activities that result in the creation of sophisticated scientific and technical goods.
What are the characteristics of large scale manufacturing class 12?
a sophisticated machine technology Extreme specialization and labor division allow for the production of more things with less effort and at a lower cost. colossal capital
What industries use technology?
Transportation, education, communication, retail, technology, entertainment, healthcare, and financial services are among the highest paid sectors for IT employees.
Why is the technology industry?
Working in technology is one of the fastest-growing, fastest-changing, and perhaps most demanding industries. It encourages creativity and invention, but it also demands precision and meticulous attention to detail.
What are the types of industrial technology?
Electronics, manufacturing, construction, graphics, automation/robotics, CADD, nanotechnology, aviation, and other fields are examples.
This Video Should Help:
The “which of the following is a disadvantage of first movers?” is not true of high-technology industries.
- which of the following is an advantage of first movers?
- switching costs, in the context of technology industries, refer to the costs that:
- with reference to technical standards, a dominant design refers to a:
- which of the following statements is true of localization
- which of the following statements is true about marginal costs in high-technology industries?