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The Study Of Repeated Tracks Of HiTech Companies

Posted on:2005-12-22Degree:MasterType:Thesis
Country:ChinaCandidate:X D WengFull Text:PDF
GTID:2156360152465906Subject:Business Administration
Abstract/Summary:PDF Full Text Request
In the recent decades, the market has been experiencing the swift change and challenge resulted from the latest technology revolution, which keep showing up themselve all the time. The competition get severe while the newest generations of products and services are introduced into the market, startup companies take less and less time to become matured, the impact of the technology revolution on the cycle of economy gets more obvious than ever. Most importantly, the customers benefit from competition.Meanwhile, the technology revolution receive more attention from Venture Capital than ever before. Since the recent recession starting in 2000, the recovery in economy can be seen from the local labor market, the market indexes and the stock indexes, even from the increased expenses of companies. But, this recovery is not a simple duplication of the previous one of the 90's, the difference are very obvious and revolutionary. Each technology are melting itself with others, at the accelerating speed, the future most revolutionary technology renovation, which are based on the current sophisticated technology "fertile e-soil ", is now on the way and will be leading the future market. The products on the future market will be of more correlation and correspondingly, new management theories will be introduced to the public, and will be widely accepted as the working leading theories. The theory is born from the practice, and will contribute to the practice.The new technology has two categories, one is called conventional sustainable new technology, basically it is the invention or renovation that based on the current available technology, generally will not alert the current technology and will not change company policy; another one is totally different, called the revolutionary new technology, it will impact significantly the company strategy. The management's wrong decision facing the challenge from the revolutionary technology will causecatastrophe to the company.Let' go through the technology history starting from the 60s till now, the trend is clear that how the companies were grown up, how stumbled, how failed. Some bloomed up for couple of years, some for decades, some survived all time. Another careful study on the reason why they stumbled, figured out that the reason was the seed of due-to-fail were sowed at the era when the company were strong, by the management's decision. Every technical company, small or big, almost made the same kind of mistake, and all faced the same kind of challenge from the new technology. It sounds like a Fate of HiTech Company.There has never been such a time as nowadays in the history, that there are bunch of new technologies and abundant of Venture Capital in the market searching each other. The internet reduces significantly the distance and time between the new technologies and the investment, speeds up the processing time, the way to mature the technology becomes more efficient, more cheap, the matured technologies cross-connected with each other and form a live network which will bring up more advanced technology. I hope every interested could catch up with this tide, create your own career and keep your success all the time.
Keywords/Search Tags:Management, New Technology, Venture Capital, Venture Investment, StartUp Business
PDF Full Text Request
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