The technology industry is composed of companies producing electronic components, scientific and technical instruments, computer hardware and software, and computer services. It is a very fast paced, competitive industry in which innovation is the key to success.
The technology industry employs a relatively large workgroup engaged in sales and promotion, as the success of a new or improved product depends heavily upon consumers being aware of, and interested in, the item. While most of the sales for this industry occur in developed countries, most of the production of computer hardware takes place in emerging countries where manufacture and assembly costs are lower.
The Technology industry is Highly Concentrated. The production in this industry is dominated by a small amount of large firms that are able to shape the industry’s direction and price levels.
History of Japanese science and technology
In the ancient time the country developed under the influence of strong cultures of the next neighbors — China and Korea, but in the middle of the XVI century began a trade with Europeans, in particular, with Spain and Portugal.
Then the desicion on policy of an isolationism was adopted, trade relations were maintained only with China and Holland.
The European science nevertheless got into Japan. But the authorities of Japan at first considered this knowledge dangerous. The translation of the Dutch books was strictly monopolized and was carried out by a narrow circle of specially trained translators. The main areas of studying included geography, the medicine, natural sciences, astronomy, art, foreign languages, studying of the electric phenomena and mechanics.
In 1868 emperor Mutsukhito opened borders of Japan for Europeans. Japanese received a set of new data on natural sciences, a world structure, space and functions of a human body for a small interval of time.
Japanese economic miracle 50 — 60th years —lifting