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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (61091)2/14/2010 4:21:02 AM
From: energyplay  Read Replies (2) | Respond to of 217948
 
I am not sure we will always do well technologically, the US technology performance has been based heavily on -

1) mass immigration of world class talent

2) extensive and heavy investment in advanced projects directed by very good people with little political pork influence (Darpa for example, NIH, Bureau of Mines, USGS)

3) a tax structure which favored long term venture investing and risk taking (this can change)
and

4) very large markets for technology in defense, medicine, communications, and labor saving devices and the world's largest and most lucrative consumer market for everything from Polaroid cameras to video games.

The US was alone in being number one in all of these elements for a period 1945 until the late 1990s.

*****

Japan is already a major player in material sciences, such a new LED types, and batteries.

China is executing some very good strategies for advancing their technology.