High technology ( high tech or high-tech ), also known as advanced technology ( advanced tech ) or exotechnology , is technology that is at the cutting edge : the highest form of technology available. It can be defined as either the most complex or the newest technology on the market. 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. 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.
19-444: (Redirected from Hi-Tech ) High tech refers to "high technology". It may also refer to: High-tech architecture , an architectural style that emerged in the 1970s HiTech , a computer chess program Hi-Tech Automotive , a car builder and automotive design house Hi-Tech (G.I. Joe) , a fictional character in the G.I. Joe universe Hi-Tech (DC Comics) an enemy of Superman in
38-676: A crucial role in the growth and success of emerging startup ecosystems. By incorporating both cultural and material perspectives, policymakers can better design incentives and regulations to foster economic growth and innovation in these ecosystems. This approach suggests that building cultural infrastructure is as important as financial and technical support in developing thriving entrepreneurial environments. Silicon Valley , NYC , Singapore and Tel Aviv are considered examples of global startup ecosystems. Investors from these roles are linked together through shared events, activities, locations, and interactions. Startup ecosystems generally encompass
57-440: A specific places (government policies, universities, support services, physical infrastructure, and open local markets). Stam distinguishes between framework conditions of ecosystems (formal institutions, culture, physical infrastructure, and market demand) with systematic conditions of networks, leadership, finance, talent, knowledge, and support services. Startup ecosystems in similar environments but located in different parts of
76-522: A startup ecosystem. Different organizations typically focus on specific parts of the ecosystem function and startups at their specific development stage(s). Emerging startup ecosystems are often evaluated using tangible metrics like new products, patents, and venture capital funding. However, Hannigan et al. (2022) argue that understanding these ecosystems requires considering cultural factors alongside material ones. They emphasize that cultural elements, such as community engagement and shared values, play
95-496: A system to create and scale new startup companies . These organizations can be further divided into categories such as universities, funding organizations, support organizations (like incubators, accelerators, co-working spaces etc.), research organizations, service provider organizations (like legal, financial services etc.) and large corporations. Local Governments and Government organizations such as Commerce / Industry / Economic Development departments also play an important role in
114-575: A variety of goods and services upon which other people and companies depend on. Thus, the principles of start-up ecosystem management suggest that rather than managing individual people or organizations, resources should be managed at the level of the startup ecosystem itself. Classifying start-up ecosystems into structurally similar units is an important step towards effective ecosystem managing. There are several independent studies made to evaluate start-up ecosystems to better understand and compare various start-up ecosystems and to offer valuable insights of
133-487: Is 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 makes up 9.3% of the American economy according to Statista and CTech . Multiple cities and hubs have been described as global startup ecosystems . GSER publishes a yearly ranking of global startup ecosystems. The study does yearly reports ranking
152-666: The DC Universe Health Information Technology for Economic and Clinical Health Act (HITECH Act) Hi-Tec , shoes and sportswear brand. See also [ edit ] High Tech Academy , an academy in Cleveland, Ohio, USA High Technology High School , a high school in Lincroft, New Jersey, USA Hi-Tek (disambiguation) Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with
171-440: The already existing ones. There are a few common mistakes that entrepreneurs make that end up costing them their business, like inability to secure adequate funding, sudden market downturn and a poor scaling plan. Startup ecosystems are controlled by both external and internal factors. External factors, such as financial climate, big market disruptions, and significant transitions, control the overall structure of an ecosystem and
190-424: The availability of resources within the ecosystem are controlled by every organization's ability to contribute towards the ecosystem. Although people exist and operate within ecosystems, their cumulative effects are large enough to influence external factors like financial climate. Employee diversity also affects startup ecosystem functions, as do the processes of disturbance and succession. Startup ecosystems provide
209-502: The leadership of JF Gauthier and Marc Penzel, the company has been the first organization to capture the requirements of a startup ecosystem in a data-driven framework. Startup Genome's work influenced startup policies globally and is supported by thought leaders such as Steve Blank and has appeared in leading business media such as The Economist , Bloomberg and Harvard Business Review . Multiple cities and hubs have been described as global Startup ecosystems. Startup Genome publishes
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#1732798816481228-544: The network of interactions between people, organizations, and their environment. Any particular start-up ecosystem is defined by its collection of specific cities or online communities. In addition, resources like skills, time, and money are also essential components of a start-up ecosystem. The resources that flow through ecosystems are obtained primarily from the meetings between people and organizations that are an active part of those startup ecosystems. These interactions help to create new potential startups and/or to strengthen
247-489: The strengths and weaknesses of different start-up ecosystems. Startup ecosystems can be studied through a variety of approaches — theoretical studies, studies monitoring specific start-up ecosystems over long periods of time and those that look at differences between start-up ecosystems to elucidate how they work. Since 2012, San Francisco-based Startup Genome has been the first organization to release comprehensive research reports that benchmark startup ecosystems globally. Under
266-607: 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" and in a 1971 article used the abbreviated form, "high tech". A widely used classification of high-technological manufacturing industries was provided by the OECD in 2006. It is based on the intensity of research and development activities used in these industries within OECD countries, resulting in four distinct categories. Today, high tech
285-410: The term may also refer to disruptive innovations or those based on scientific discoveries. High tech, as opposed to high-touch , may refer to self-service experiences that do not require human interaction. 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 ...." Robert Metz used
304-583: The title High tech . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=High_tech_(disambiguation)&oldid=1224123718 " Category : Disambiguation pages Hidden categories: Short description is different from Wikidata All article disambiguation pages All disambiguation pages High tech Startups working on high technologies (or developing new high technologies) are sometimes referred to as deep tech ;
323-488: The top 40 global startup hubs. from 2023 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 . Startup ecosystem A startup ecosystem is formed by people in startups in their various stages, and various types of organizations in a location (physical or virtual) that are interacting as
342-608: The way things work within it. Start-up ecosystems are dynamic entities that progress from formation stages to periodic disturbances (like the financial bubbles ) and then to recovering processes. Several researchers have created lists of essential internal attributes for startup ecosystems. Spigel suggests that ecosystems require cultural attributes (a culture of entrepreneurship and histories of successful entrepreneurship), social attributes that are accessed through social ties (worker talent, investment capital, social networks, and entrepreneurial mentors) and material attributes grounded in
361-529: The world can end up doing things differently simply because they have a different entrepreneurial culture and resource pool. The introduction of non-native peoples' knowledge and skills can also cause substantial shifts in the ecosystem's functions. Internal factors act as feedback loops inside any particular startup ecosystem. They not only control ecosystem processes, but are also controlled by them. While some resource inputs are generally controlled by external processes like financial climate and market disruptions,
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