High tech

Most advanced technology available

For other uses, see High tech (disambiguation).

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][failed verification] 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

[edit]

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 manufacturing 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]

Today, high tech consists a significant part of several economies. The Israeli economy has the highest ratio in the world, with the high tech sector accounting for 20% of the economy, high tech consitsts 9.3% of the American economy according to Statistca and CTech.[15][16]

## Ranking of startup ecoystems

[edit]

Multiple cities and hubs have been described as global startup 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]

Rank  | Change

from 2023

| Hub

|
|

1  |  |  Sillicon Valley
2  |  |  New York City
2  |  |  London
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  |  |  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

## List of countries by high tech exports

[edit]

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.[20]

#  | Country  | Value  | Year

|
|
|

1 |  China | 769,699.28 | 2022
2 |  Germany | 223,370.84 | 2022
3 |  Hong Kong | 194,079.88 | 2022
4 |  United States | 166,435.57 | 2022
5 |  Vietnam | 122,993.36 | 2022
6 |  South Korea | 98,537.98 | 2022
7 |  France | 95,753.98 | 2022
8 |  Singapore | 94,102.98 | 2022
9 |  Netherlands | 92,149.42 | 2022
10 |  Mexico | 85,898.58 | 2022
11 |  Japan | 83,102.74 | 2022
12 |  Ireland | 80,006.33 | 2022
13 |  Switzerland | 77,973.73 | 2022
14 |  United Kingdom | 72,663.09 | 2022
15 |  Malaysia | 66,214.45 | 2022

## See also

[edit]

Look up high tech in Wiktionary, the free dictionary.

* Electronics
* Electronics industry
* Photonics industry
* Nuclear technology
* Quantum technology
* Intermediate technology – sometimes used to mean technology between low and high technology
* Industrial design
* List of emerging technologies
* Semiconductor industry
* Big Tech
* Innovation

## References

[edit]

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 from the original on 2023-10-28. Retrieved 2023-07-22.
4. ^ "Know How To Use a Slide Rule? - Slashdot". science.slashdot.org. 28 September 2007. Retrieved 2019-11-04.
5. ^ "Slide Rules Were the Original Personal Computers". 5 November 2015.
6. ^ Slide Rules & Calculators https://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. Retrieved 2020-10-13.
9. ^ Williams, Howard (6 June 2019). "Do Customers Want High Tech or High Touch?". Home Business Magazine. Retrieved 2020-03-22.
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. Retrieved 2024-06-25.
16. ^ "For Israeli economy, no substitute for high-tech dominance". ctech. 2024-06-04. Retrieved 2024-06-25.
17. ^ Genome, Startup. "Startup Genome". Startup Genome. Retrieved 2024-06-13.
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. Retrieved 2024-08-15.
20. ^ High-technology exports (current US$). "United Nations, Comtrade database through the WITS platform".

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