Growth Of High-tech Industries Research Articles

The impact of cleaner energy sources, advanced technology firms, and economic expansion on ecological footprints is critical in sustainable development

The environmental degradation accompanying economic growth, despite the potential mitigating effects of technological advancements and cleaner energy sources. This study examines the critical impact of cleaner energy sources, advanced technology firms, and economic expansion on ecological footprints within the context of sustainable development, focusing on the period between 2010 and 2022. By comparing the E7 (emerging seven) and G7 (Group of Seven) economies, the research aims to delineate how these factors collectively influence environmental sustainability in both developing and developed nations. Utilizing a robust panel estimation technique, the study systematically explores the relationship between the adoption of renewable energy technologies, the growth of high-tech industries, and macroeconomic expansion, alongside their respective effects on the ecological footprint, a key indicator of environmental impact. Our statistical analysis reveals significant differences between the E7 and G7 countries. For the G7, investments in cleaner energy and technology sectors have shown a more pronounced effect in reducing ecological footprints, attributed to higher efficiency standards and greater public awareness. In contrast, the E7 countries exhibit a delayed response, owing to varying stages of economic development and technological adoption, although promising trends are emerging. Notably, the G7 demonstrates a more pronounced inclination towards financial imperialism (0.043), while the E7 is significantly influenced by green energy sources (0.258). Policy implications drawn from the findings suggest that targeted investments in green technologies and renewable energy sources, coupled with robust policies supporting economic expansion in a sustainable manner, are crucial for both groups of countries. For the E7, accelerating technology transfer and adopting stricter environmental regulations are key, while the G7 should focus on innovation and the continuous improvement of energy efficiency standards. This dual approach is essential for mitigating the environmental impacts of economic growth and steering the global economy towards a more sustainable trajectory.

Державне регулювання процесу ініціювання інноваційних проектів за умов обмеженого фінансування

Державне регулювання процесу ініціювання інноваційних проектів за умов обмеженого фінансування

The Role of Proximity in Technology Dynamics of High-Tech Industries: the Case of Biotechnology and Aviation Industries

Abstract Confronted with new global competitive environment, rising R&D costs, growing integration of different technologies, shorter life cycles, and increased pace of innovation, high-tech companies increasingly collaborate with external partners. Innovation networks became unconditional driver of technological dynamics and growth of high-tech industries. The article aims to explore the role of proximity in innovation networks formation in the two high-tech industries – biotechnology and aviation. Both industries are characterized by different stages of technological maturity, different product life-cycles and development periods, yet both equally depend on highly specialized human capital and collaborative innovation. The article addresses the following research questions: What is the role of proximity – geographical, cognitive, institutional, organizational, social and cultural – in facilitating innovation networks formation in the above mentioned high-tech industries? What type of proximities and the related network externalities assist these industries along their life-cycles? What is the relationship between technology dynamics and innovation networks formation?

DECOMPOSITION OF GROWTH FACTORS IN HIGH-TECH INDUSTRIES AND CO2 EMISSIONS: AFTER THE WORLD FINANCIAL CRISIS IN 2008

Taiwan's economic development faces two problems, one is the imbalance of the economic structure, and the other is that the industrial structure must be upgraded. This is a problem that has existed since the 1990s, but it has not been solved for a long time. The outbreak of the world financial crisis in 2008 severely damaged the international economy and finance, and Taiwan suffered a huge economic shock. In the face of an economic predicament, Taiwan attempts to transform the unbalanced economic system through technological innovation through public investment and the updating of corporate equipment, and sets the goal of sustainable development, of which high-tech industries have become the focus of economic development. This paper takes the financial crisis as the research period, analyzes the growth of the industries and their causes through the economic growth decomposition model, and estimates the CO 2 emissions generated, which will help understand Taiwan's future economic development. The research results show that the growth of high-tech industries after the financial crisis is dominated by semiconductors and power equipment-related industries. The growth factor is innovation of input technology and the improvement of self-sufficiency. At the same time, CO 2 emissions are mainly caused by these two factors. Keywords: high-tech industries, CO 2 emissions, input technology, growth decomposition model. JEL Classifications: Q43, C6, E2, E210 DOI: https://doi.org/10.32479/ijeep.9411

Роль фондовых рынков в стимулировании инновационных процессов

The paper deals with the role of the stock market in innovative development, basically in case of the U. S. The author shows how the NASDAQ has provided tangible financial incentives for growth of high-tech industries, emphasizes the relationship between innovation and the financial sector, the importance of competition for capital in technological development. It is shown that the development of NASDAQ and increased competition of stock markets allowed high-tech U.S. companies to benefit from country’s strong financial sector and specialized market structures. The prerequisites for the successful emergence of biotech and ICT start-ups, as well as the venture market in the U.S. are still strongly connected with stock markets. However, the comparative analysis also revealed growing global competition from the Chinese stock markets. At the same time, in the last decade a new bubble is emerging on the U.S. stock market, which, as shown by the analysis of the median revenues of the major companies, differs from similar situations before the dot-com crisis and before the 2008–2009 crisis. Revenues of the largest companies in recent years have been growing along with their capitalization, which suggests that the bubble may take much longer to collapse than before. The author also shows the intensification of competition between stock exchanges and over-the-counter financing mechanisms for innovative companies: SME acquisitions by major corporations, intensification of mergers and acquisitions around the world. The role of mergers and acquisitions, which have become an alternative to IPOs, has become increasingly important over the past decade as a financing mechanism for innovative companies. In the last decade, the ICT-companies have dominated by market capitalization and gained sufficient market power to meet the demand for new developments and acquisitions of start-ups. This over-the-counter financing mechanism increases market uncertainty and may contribute to suboptimal solutions in the high-tech sector. However, the author found that the observed decline in U.S. IPOs is primarily affecting the ICT sector, while pharmaceutical and biotech companies continue to be actively listed.

Management of logistics chains of industrial enterprises in high-tech industries

The article analyses the trends of high-tech industries development in the market globalization conditions. The economic growth of high-tech industries largely depends on technological innovations, products and equipment based on usage of the results of applied and fundamental scientific researches. It is shown that characteristics of high-tech productions influence the logistics chain structure. It justifies the importance to include partnering enterprises taking part in creation of intellectual and tangible assets in the logistic chain of the industrial enterprise. It is noted that development of production technologies contributes to formation of innovative logistic chains, which participants are enterprises cooperating for achievement of competitive power. The article offers a model of an industry logistic chain comprising the conventional logistic chain and innovative logistic chains corresponding to the industry market segments. It is proposed to use the customer value of the manufactured products as a criterion of the industrial enterprise’s logistic chains management efficiency. Implementation of the offered model of cooperation between the logistic chain participants is aimed at creation of a continuous innovations flow, reduction of technological development costs and uniting of the participants’ experience.

Coming back home after the sun rises: Returnee entrepreneurs and growth of high tech industries

Recently, the role of returnees in the economic development of various East Asian nations has received much attention. The early literature on the relocation of the most highly trained individuals from a developing nation to a developed nation viewed the phenomena as a “brain drain.” Since the 1990s, a new strand of thinking has suggested that for developing nations this was actually a positive phenomenon; as these expatriates studied and then worked abroad, they absorbed technical expertise, managerial, and entrepreneurial skills. These theories stipulated that these expatriates then returned home, and ignited a virtuous circle of technological entrepreneurship leading to rapid economic development. Much of this literature gives returnees a critical role in the home country's take-off period of the local information and communications technology (ICT) industry. This interpretative essay examines the evidence for three of the most prominent East Asian economic success stories – Taiwan, China and India – to determine the actual role played by returnees in their ICT industries’ growth. The key question is whether returnees were critical for the initial development period, or whether they played an important role only in the later, expansionary phase of the industry. We find, contrary to the current literature that returnees were not critical, in the initial formation of these countries’ ICT industries, but did play an active role in the secondary developmental phase after indigenous entrepreneurs and policy makers had laid the groundwork for the industry.

Reassessment of the state role in the development of high-tech industry: A case study of Taiwan’s Hsinchu Science Park

This article reassesses the state role in the development of high-tech industries through a case study of one of the earliest science parks in Asia, Hsinchu Science Park. Taking a historical and public policy approach to this issue, the article argues that the state did play a positive role in the growth of hightech industries in Taiwan. However, not all positive outcomes were derived from rational political elites and state bureaucracy. There existed many unintended and path-dependent consequences. In addition, many planned goals have not been achieved and there were many side effects and negative outcomes neglected by previous studies, which give significant implications for the evaluation, of state's capability and limitation in pursuing economic development.

“Idea hamsters” on the “bleeding edge”: profane metaphors in high technology jargon

Neo-Durkheimian studies of the culture of high technology have looked for, and found, evidence of technological products being portrayed as sacred, as pure and elevated above mundane human concerns. This tradition of cultural analysis of technology has followed Durkheim's lead (Durkheim, Emile 1965 [1915]. The Elementary Forms of the Religious Life. Free Press, New York) in emphasizing the sacred while eliding its opposite, the profane. In this paper I contend that symbols of the profane continue to be powerful cultural elements that animate and order modern discourses and moral worlds, and that scholarly understanding of the culture of high technology can be enriched through analysis of profane symbols. I demonstrate this through metaphoric content analysis of the jargon of American high technology industry from the 1960s through the late 1990s, and show that (1) profane metaphors are widespread in high technology jargon as compared to the jargons of other occupations; (2) profane metaphors in high tech jargon have increased over the last three decades with the growth of high tech industry; and (3) these profane metaphors are thematically ordered, such that they tend to signify threats to technological progress, while technology itself is signified through morally benign metaphors. I argue that these metaphors have proliferated in high technology industry, and much less so in other occupations, because they buttress a moral worldview that makes technological innovations meaningful to their creators. For cultural analysis, these findings point to the value of examining metaphors sociologically, and of examining the social use of profane symbols in modern discourses in which the experience of the sacred is ambiguous or individualized.

Western Influence on (People's Republic of China) Chinese Students in the United States

Previous articleNext article No AccessFocus on International Students in the United StatesWestern Influence on (People's Republic of China) Chinese Students in the United StatesXinshu Zhao and Yu XieXinshu Zhao Search for more articles by this author and Yu Xie Search for more articles by this author PDFPDF PLUS Add to favoritesDownload CitationTrack CitationsPermissionsReprints Share onFacebookTwitterLinkedInRedditEmail SectionsMoreDetailsFiguresReferencesCited by Comparative Education Review Volume 36, Number 4Nov., 1992 Sponsored by the Comparative and International Education Society Article DOIhttps://doi.org/10.1086/447148 Views: 5Total views on this site Citations: 8Citations are reported from Crossref Copyright 1992 The Comparative and International Education SocietyPDF download Crossref reports the following articles citing this article:Chia-Chou Wang Cognitive Dissonance and Changes in External Political Efficacy: A Panel Study of Chinese Students Studying in Taiwan, Pacific Focus 33, no.11 (Apr 2018): 34–57.https://doi.org/10.1111/pafo.12110Chia-Chou Wang Political socialization and democratic beliefs change: a panel study of Chinese students studying in Taiwan, Democratization 24, no.11 (Feb 2016): 138–156.https://doi.org/10.1080/13510347.2015.1135423Martin Kenney, Dan Breznitz, Michael Murphree Coming back home after the sun rises: Returnee entrepreneurs and growth of high tech industries, Research Policy 42, no.22 (Mar 2013): 391–407.https://doi.org/10.1016/j.respol.2012.08.001Wendy Wang Ideological Orientation and the PRC Academic Migration: A Theoretical and Longitudinal Analysis*, Sociological Inquiry 75, no.22 (May 2005): 216–248.https://doi.org/10.1111/j.1475-682X.2005.00120.xLiqing Zhang, Joseph R. Dominick Penetrating the great wall: The ideological impact of voice of America newscasts on young Chinese intellectuals of the 1980s, Journal of Radio Studies 5, no.11 (Feb 1998): 82–101.https://doi.org/10.1080/19376529809384531David Zweig To return or not to return? Politics vs. economics in China’s brain drain, Studies in Comparative International Development 32, no.11 (Mar 1997): 92–125.https://doi.org/10.1007/BF02696307Dingxin Zhao Foreign study as a safety-valve: The experience of China's university students going abroad in the eighties, Higher Education 31, no.22 (Mar 1996): 145–163.https://doi.org/10.1007/BF02390442Jianping Shen A multiple‐perspective approach to policy analysis and its application to college entrance policy in the People's Republic of China, Journal of Education Policy 10, no.11 (Jan 1995): 75–93.https://doi.org/10.1080/0268093950100105

Women's Occupations and Local Labor Markets: 1950 to 1980

Using published 1950-1980 census data for a random sample of 50 large US labor markets the authors examine effects of male/female supply characteristics and female demand characteristics on womens access to the labor market generally and to specific white collar occupations. The authors find general support for their hypotheses although the strength of the model varies among specific occupational categories. The hypotheses about the effects of womens supply characteristics the supply of men and demand factors were fairly well supported when they looked at womens share of jobs. More women with family responsibilities (as measured by marital distribution) meant that women had a smaller proportion of jobs overall with this effect decreasing over time. A higher percentage of women with high school diplomas meant a larger work force share for women with this effect increasing over time. Relatively more men in the population decreased womens share of jobs although the effect of the sex ratio has been declining. Where more men are unemployed women had a larger share of employment with this effect being stable over these decades. A larger part of the employed population in government increased womens share as did a southern location. This increase in the effect of percentage of the employed in manufacturing seems to reflect growth of high-tech industries which employ more women.

The Bandwagon Once More: Vocational Preparation for High-Tech Occupations

In recent months, high-tech industry has been hailed as the solution to the nation's unemployment and international competition problems and the salvation of economically declining regions of the country. Community colleges have responded by establishing new vocational education programs to prepare students for jobs in high-tech industry. Utilizing data from the state of Texas, Norton Grubb examines the ability of high-tech industry to provide jobs for graduates of these programs. He also discusses the historical role of vocational education in national policy and the problems which may result from the attempt to prepare students for specific jobs rather than for careers. Grubb concludes by warning that the growth of high-tech industry may lead to the development of programs which, for the time being serve the interests of industry but which ultimately weaken the educational mission of the community college.