Rethinking High Tech in Texas: Policy Challenges

Rethinking High Tech in Texas: Policy Challenges
Authors/editors: Echeverri-Carroll, Elsie L.
Type: journal
Publisher: Bureau of Business Research, The University of Texas at Austin
Series: Texas Business Review
Date: 1998-08
Full text:


Defining “high technology” is not easy. However, one component of defining it has been widely accepted: a high percentage of both R&D expenditures and engineers and scientists. The assumption here is that high-tech industries, because of their innovative nature, spend more on R&D and employ more skilled workers than other industries on average. This article analyzes the effect high technology has in metropolitan areas and the policy issues that surrounds high-tech industries.