As Louisiana attempts to move its economy towards higher growth, high-tech industries, how prepared is it to meet the challenge?
As Louisiana attempts to move its economy towards higher growth, high-tech industries, how prepared is it to meet the challenge? Where is the state succeeding and where is there room for improvement? Louisiana Public Square goes on the road to Lafayette.
What is High Technology?
There is no escaping it: we live in a high-tech world. We drive to work in computer-controlled car s [virtually all modern cars have microchip-guided sensors]; we listen to music, watch videos and communicate using portable digital devices, and we log on to computers and the internet at work and at home. Even the local movie house has gone high-tech, with digital projectors displaying the output from digital media instead of motion picture film.
In the world of business, high technology is an umbrella term referring to any industry that applies scientific and technical knowledge to the design and development of new products or processes. Subsectors include aerospace, biotechnology, information technology, electronic media/digital gaming, robotics, advanced alternative energy and nuclear energy, among others.