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What are the main characteristics of high-tech (high technology) industry? (b) Describe and explain the locational requirements of different types of manufacturing industry.
- Words:
- 1608
- Submitted:
- Fri Feb 20 2009
- Mark submitted by Author:
Have a little read: ... (a) What are the main characteristics of high-tech (high technology) industry? High-tech industries are more predominantly found as part of agglomeration economies, where they locate next to each other helping to link to other companies on site. The industry is mainly situated on sites that have room for further expansion so as the industry develops so can the size of firms. Therefore they are usually situated on Greenfield sites where there is more room for researchers for the industry. High-tech industries have to be easily accessed for both workers and for the imports and exports of goods. The techniques of this industry involve micro-electronics but can also include medical instruments, biotechnology and pharmaceuticals which all belong into the quaternary sector, demanding high inputs of information, expertise and research and development. They are footloose industries as they are not tied to their raw materials and therefore they can have a free choice
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