Globalization and a high-tech economy : California, the United States, and beyond

high-technology And Globalization Are Arguably The Two Most Important Forces Driving The Us Economy Today. This Book Analyzes How They Interact And The Implications Of That Interaction. The Methodology Applies Data And Statistical Analysis To Determine The Impact Of These Forces Over A Broad Spectrum Of The Us Economy. Key Topics Addressed Include Why The Us Economy Runs A Continuing Trade Deficit In Manufactured High-tech Goods, Why High-tech Firms Steadily Lose Manufacturing Jobs, While Creating Professional Jobs, And Why High-tech Industries Rely On Foreign Outsourcing For Much Of Their Manufacturing. "High-technology and globalization are arguably the two most important forces driving the US economy today. This book analyzes how they interact and the implications of that interaction. The methodology applies data and statistical analysis to determine the impact of these forces over a broad spectrum of the US economy. Key topics addressed include why the US economy runs a continuing trade deficit in manufactured high-tech goods, why high-tech firms steadily lose manufacturing jobs while creating professional jobs, and why high-tech industries rely on foreign outsourcing for much of their manufacturing."--Jacket Introduction....Pages 1-17 Globalization and a High-Tech Economy....Pages 19-51 International Trade and California Industry....Pages 53-89 Foreign Outsourcing and Domestic Industry....Pages 91-114 Intra-Firm Trade and Intermediate Inputs....Pages 115-130 International Networks and High-Tech Exports....Pages 131-146 Global Linkages, the High-Tech Sector, and State Policy Choices....Pages 147-176 Conclusions....Pages 177-182 In the past five decades, high-technology industry has progressed from a small part of the United States (US) manufacturing base to a major driver of both the manufacturing and services sectors of the economy.