How Long to Read Are There High-tech Industries Or Only High-tech Firms? [electronic Resource] : Evidence from New Technology-based Firms

By John Russel Baldwin

How Long Does it Take to Read Are There High-tech Industries Or Only High-tech Firms? [electronic Resource] : Evidence from New Technology-based Firms?

It takes the average reader and 53 minutes to read Are There High-tech Industries Or Only High-tech Firms? [electronic Resource] : Evidence from New Technology-based Firms by John Russel Baldwin

Assuming a reading speed of 250 words per minute. Learn more

Description

Often at the forefront of product development and advanced technology use, it is these firms that are seen as critical in the transition to knowledge-based production. Basing industry classification on new small firms thus alleviates the bias in favour of large firm characteristics that arises with the use of industry-level aggregates. The competency-based approach developed herein reveals several important findings. First, industry rankings are highly sensitive to the conceptual measures that form the basis for classification. Accordingly, classification schemes that rely on a single-measure of technological prowess, as many do, may incorrectly rank industries and/or classify sectors. Second, firms that possess the advanced competencies that contribute to technological prowess are found in many industries, and are not as sector-specific as previous attempts at classification suggest. Simply stated, low-tech industries are not devoid of high-tech firms, nor, for that matter, are high-tech industries comprised exclusively of high-tech firms. Consequently, broad generalizations at the industry-level may prove dubious. An additional issue addressed herein focuses on the appropriateness of using a single competency-based index as a basis for classifying industries. In our view, the competency-based approach represents a considerable advance over previous efforts: it formally recognizes the multidimensional nature of technological prowess, and it focuses on the correct firm population. That said, can we then infer that a single-ranking derived from such a framework provides sufficient grounds for classification? Or alternatively, should a series of rankings be used when attempting such a task? We find that there are numerous dimensions to technological prowess and that the use of any single index may, in fact, obscure some of these. Consequently, different industries will emerge as high-tech leaders when different aspects of technological prowess are emphasized.

How long is Are There High-tech Industries Or Only High-tech Firms? [electronic Resource] : Evidence from New Technology-based Firms?

Are There High-tech Industries Or Only High-tech Firms? [electronic Resource] : Evidence from New Technology-based Firms by John Russel Baldwin is 53 pages long, and a total of 13,409 words.

This makes it 18% the length of the average book. It also has 16% more words than the average book.

How Long Does it Take to Read Are There High-tech Industries Or Only High-tech Firms? [electronic Resource] : Evidence from New Technology-based Firms Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 13 minutes to read Are There High-tech Industries Or Only High-tech Firms? [electronic Resource] : Evidence from New Technology-based Firms aloud.

What Reading Level is Are There High-tech Industries Or Only High-tech Firms? [electronic Resource] : Evidence from New Technology-based Firms?

Are There High-tech Industries Or Only High-tech Firms? [electronic Resource] : Evidence from New Technology-based Firms is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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