High technology and its implications in the USA

1982 ◽  
Vol 14 (4) ◽  
pp. 109-111
Author(s):  
JOHN MOSS JONES
Keyword(s):  
High Technology ◽  
The Usa

Industrial cluster involvement, organizational learning, and organizational adaptation:an exploratory study in high technology industrial districts

2014 ◽  
Vol 18 (5) ◽  
pp. 971-990 ◽  
Author(s):  
Hilary Cheng ◽  
Ming-Shan Niu ◽  
Kuei-Hsien Niu
Keyword(s):  
Organizational Learning ◽  
Practical Implication ◽  
High Technology ◽  
Industrial Cluster ◽  
Organizational Adaptation ◽  
Initial Attempt ◽  
Content Type ◽  
Business Executives ◽  
The Usa ◽  
Reported Data

Purpose – The primary purpose of this study is to examine the relationships among a firm’s industrial cluster involvement, organizational learning and its ability to successfully adapt to external environment. Design/methodology/approach – Field survey research method was used, and data were collected from 943 high-technology companies in the USA, China, Taiwan and Sweden. Multiple regression analysis, as well as mediation test, was conducted to analyze the data. Findings – The study finds that being positioned in an industrial cluster enhances a firm’s learning and further leads to a firm’s desired adaptive outcomes. Research limitation – Using self-reported data could be a potential limitation of this study. It would be preferable to have other forms of data for a study. Further, cross-cultural comparisons are needed to enhance our understanding in this multicultural setting. Practical implication – The findings provide business executives, as well as policymakers, a new way of thinking in respect to how to develop holistic learning practices and improve inter-firm trust to appropriately adapt to the fast changing environment. Originality/value – The major contribution of this study is an initial attempt to provide a comprehensive approach in analyzing a firm’s industrial cluster involvement. Further, the study attempts to empirically examine learning and cluster involvement in relation to organizational adaptation.

Definitions of ‘High Technology’ Used by State Programs in the USA: A Study of Variation in Industrial Policy under a Federal System

1987 ◽  
Vol 5 (4) ◽  
pp. 417-431 ◽  
Author(s):  
C Thompson
Keyword(s):  
Industrial Policy ◽  
Technology Development ◽  
High Technology ◽  
Federal Agencies ◽  
Federal System ◽  
Development Programs ◽  
General Similarity ◽  
The Usa ◽  
State Programs

Rationales for high technology development programs are suggested, and results to a survey of how state and federal agencies concerned with high technology development define such industry are presented. The general similarity found between federal and state definitions contradicts theoretical expectations of variation, and suggests the natural federal logic may be suppressed in this case. Speculation is made that state assistance is in general not following the directions set by Japan.

scholarly journals Inward Investment and the Drivers of Post Recession Recovery in Germany

2014 ◽  
Vol 234 (6) ◽  
Author(s):  
Nigel Driffield ◽  
Yama Temouri
Keyword(s):  
Cash Flow ◽  
Service Sector ◽  
Global Financial Crisis ◽  
Intangible Assets ◽  
Manufacturing Sector ◽  
Recovery Period ◽  
High Technology ◽  
Foreign Investors ◽  
The Usa ◽  
The Eu

SummaryThis paper examines changes in the drivers of productivity in Germany over the period 1997-2012. We start by comparing the performance of German firms and inward investors before and during the recovery from the recent global financial crisis of 2008 across a range of sectors, and subsequently examine the channels through which different firms are able to generate productivity. Our results show that foreign investors are more productive than German MNEs and purely domestic firms, with the gap narrowing in the manufacturing sector, but growing in the service sector during the recovery period. We also contrast those firms for whom productivity growth is related to greater use of intangible assets, compared with those for whom productivity is linked to cash flow. Productivity of inward investors is driven by cash flow rather than intangible assets, these being limited to high-technology investors from the EU and the USA.

The role of intangible assets in explaining the investment–profit puzzle

2018 ◽  
Vol 43 (5) ◽  
pp. 1251-1286 ◽  
Author(s):  
Özgür Orhangazi
Keyword(s):  
Capital Accumulation ◽  
Capital Investment ◽  
Intangible Assets ◽  
High Technology ◽  
Brand Names ◽  
Intangible Asset ◽  
Corporate Sector ◽  
The Usa ◽  
Fixed Capital Investment

Abstract Starting around the early 2000s, and especially after the 2008 crisis, the rate of capital accumulation for US nonfinancial corporations has slowed down despite relatively high profitability; indicating a weakening of the link between profitability and investment. While the literature mostly focuses on financialisation and globalisation as the reasons behind this slowdown, I suggest adding another layer to these explanations and argue that, in conjunction with financialisation and globalisation, we need to pay attention to the increased use of intangible assets by nonfinancial corporations in the last two decades. Intangibles such as brand names, trademarks, patents and copyrights play a role in the widening of the profit–investment gap as the use of these assets enables firms to increase market power and profitability without necessarily generating a corresponding increase in fixed capital investment. After discussing the ways nonfinancial corporations use intangible assets, I look at large corporations in the USA and find the following: (i) The ratio of intangible assets to the capital stock increased in general. This increase is highest for firms in high-technology, healthcare, nondurables and telecommunications. (ii) Industries with higher intangible asset ratios have lower investment to profit ratios. (iii) Industries with higher intangible asset ratios have higher markups and profitability. (iv) The composition of the nonfinancial corporate sector has changed and the weight of high-technology and healthcare firms has increased; but this increase did not correspond to an equal increase in their investment share. The decline in the investment share of durables, nondurables and machinery is matched by an increase in the investment share of location-specific industries with low intangible asset use, most notably firms in energy extraction. In general, these firms have steadier markups and higher investment to profit ratios. (v) Yet, intangible-intensive industries’ profitability has increased faster than their share of investment or total assets. All in all, these findings are in line with the suggestion that the increased use of intangible assets enables firms to have high profitability without a corresponding increase in investment.

High-Technology Restructuring in the USA and Japan

1990 ◽  
Vol 22 (2) ◽  
pp. 233-252 ◽  
Author(s):  
R Florida ◽  
M Kenney
Keyword(s):  
High Technology ◽  
The Usa
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