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Home > Policy > White Paper, Notice, Announcement > White Paper > WHITE PAPER ON SCIENCE AND TECHNOLOGY2003 > Part2 2.3 2.3.4 | |
High-tech industries 20) require large investments in R&D as well as sophisticated technology during their manufacturing process.
For this reason,the size of high-tech product exports can be seen as an indicator of one aspect of an industry's international competitiveness in science and technology.Therefore,we use OECD data to look at the export shares of high-tech in-dustries,and to make country comparisons of trade balances.
Note20)High-tech industry:At the OECD,the ratio of R&D expenditures to production is calculated by industry sector,and the five industries with the highest ratios are classified as high-tech industries:aerospace,office and computing machinery,electronics,pharmaceuticals,medical/precision/optical equipment.
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