High Tech, Bio Tech, Nanotech

There are precedents for predicting how the nanotech market will be divided between large and small. Looking at the way that the high-tech and biotech industries have developed, a trend emerges where smaller start-up companies tend to succeed with revolutionary technology and larger enterprises tend to succeed with evolutionary technology. For example, think of the great success stories of the high-tech market (primarily the information technology, Internet, and personal computer industries). They are primarily relatively new companies like Microsoft, Apple, Dell, Compaq, Yahoo!, eBay, and Cisco more than the old reliables such as IBM, HP, Siemens, Hitachi, and Sony. This is because home PCs and the Internet did ...

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