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Creating, exploiting and commercialising new technologies has become essential in the global race for competitiveness. High-technology sectors are key drivers of economic growth, productivity and welfare, and are generally a source of high value added and well-paid employment. Technology-intensive enterprises are often referred to as high-technology – or high-tech – companies.

But what exactly is high-tech? Presently Eurostat use three approaches to define what high-tech is; the sector approach, the product approach and the patent approach. In each approach 'high-tech' is measured by. The sector approach looks at for example; high-tech manufacturing sector, medium high-tech manufacturing sector, high-tech knowledge-intensive service (KIS) sector, and more, and focuses on employment, earnings, etc. The product approach is more straight on and looks at whether a product is a 'high-tech product' or not and examines trade with high-tech products. The patent approach also looks at whether a patent is a 'high-tech patent' or not.

Main statistical findings

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Context

Publications

Further Eurostat information

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See also

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Notes

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