Download or read book UK And US Future Unique Technology written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-04-23 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: I stressed a very important point, namely that the UK future high technological automatic product competitor China and India, namely that economies not only grow, but in the process change their structure. China and India have been industry very rapidly (the first transition) and building the physical infrastructure that accompanies industrialization changes to technology in the future. However, at a certain per capita GNP level the two countries, such as China and India will face another structural shift when which technological development will reach the mature stage in the future. China and India had been primarily historical pattern of economic development because the shift in the role of engine of growth from industry to services is to a much greater extent a qualitative shift. Both higher and different skills are required. And, even more importantly, interactions generating ideas driving the highly human-capital-intensive service economy require a much freer environment, not only in the economic area. Chinese exports have been heavily labor-intensive. This being the case, they contributed to the expansion of industrial employment, offering for the first time in the history of China a taste of (very modest) prosperity to more than 100 million new industrial workers and their families. This is the major component of the success accomplished by Chinese economic growth. Richer trade partners create room for more trade, so the Chinese should hope that intra-South trade, that is, trade between the emerging economies of Asia, the Middle East, Africa and Latin America, will open up new and growing opportunities. I presume that if Western economy, such as UK did not developed high technological automatic industry to stable their social welfare, so thoroughly slowed down their economic growth.Will it allow China to accomplish the transition to a mature, innovation, service-sector-based market economy? It has allowed the economy to industrialize much more successfully, even if the labor shift from agriculture to industry has not yet been completed. But it is a long way off the next major test: the second high technological industry transition of the economic structure to China. Bear in mind that Russia attempted it twice and failed at both attempts.But even, assuming that China at some point in the future does succeed in accomplishing the second transition, will it be able to supersede the USA, for example, as the main global high automatic technological innovation center if it wants to become the No.1 global high technological industry economy? Given the nature of the centralized state and its stability to collect financial resources, China's ability to increase research and development expenditure to high automatic technological products and to hire a mass of researchers, engineers, technicians and other specialists should not be doubted. This process in already taking place.

Download or read book UK and Us Future Unique Technology Competitive Comparision written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-02-20 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Popular science, technology, engineering and mathematics Science, technology, engineering and mathematics workers will drive US innovation and competitiveness by new ideas, new companies and new industries in US. However, US employers frequently concern the supply and availability of this kind of workers. Over the past 10 years, growth in this kind of jobs was three times as fast as growth to general jobs in US. This kind of US workers are also less likely to experience joblessness than other kinds of workers. In the future, science, technology, engineering and mathematics workers will play a key role to grow and raise stability of the US economy.Bureau of labor statistics, ESA calculation 2010 and 2018 year. indicated these kinds of technology, science and engineering workers had been increasing 7.9% from 2000 to 2010 year growth as well as these kinds of workers had been increasing 17% from 2008 to 2018 year growth. Otherwise, other kinds of workers had been increasing 2.6% from 2000 to 2020 year growth as well as these kinds of workers had been increasing 9.8% from 2008 to 2018 year growth. Hence, these kinds of science, technology and engineering workers increasing rate and increasing level are more than other kinds of workers both twenty years.The other occupations include positions, such as educators, managers, technicians, health-care professionals or social scientists. The science occupation divides four categories: computer and mathematics, engineering and surveying, physical and life science four categories. The reasons why these kinds of jobs will be trend popularly. We define these kinds of degree holders as persons whose primary or secondary undergraduate major was in a science, engineering or technological field. To using similar logic to what we used in our occupation selection, we exclude business, healthcare, and social science majors. The US department of commerce, economics and statistics administration analysis showed that a science, technology, engineering and math. (STEM) degree is the typical path to a job related to those kinds of degrees or more than two-thirds of the 4.7 million (STEM) workers with a college degree has an undergraduate (STEM) degree. However, this does not necessarily mean that (STEM) field or their jobs . For example, only 35 per cent of college educated computer and mathematic workers have a degree in computer science or math. Thus, these past data explained that it is possible US science, technology, engineering and mathematics employers will increase needs and why many US students choose to study these subjects in US. Thus, future US economic growth will depend on developing these kinds of science, technology, engineering and mathematics industries.

Download or read book UK Us Future Unique Technology Competitive written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-27 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: High level education and high birth rate population raising technology According to John G. (2016) indicated that " a point forecast is that GDP per capita will rise well under 1% per year in the longer run, with overall GDP growth of a little over 1 to 12%. The main drivers of slow growth are educational attainment and demographics. First, rising educational attainment will add less to productivity growth than it did historically. Second because of the aging and retirement of baby boomers, employment will rise more slowly than population which in turn, is projected to rise slowly relative to history." Thus, it seems that some economists believe education and born rate will influence future US employment method. They assume that the employment and growth ratio will rise and unemployment ratio will deadline of US will increase birth ratio and future there are many young people ( students) can have chance to accept high education degree to raise whose education level to prepare to enter different kinds of high educational jobs market to work in the future.Considering a more growth accounting perceptive on productivity growth. According to the analysis in Fernald (2015) which uses a multi-sector growth model for the projections. It indicated that although, the details differ and if bases projections on TFP data since 2004, it also implies a preferred point estimate of 1.6% per year in US over this short period. The " fundamentals" of labor-productivity growth (namely, growth in total factor productivity, TFP) have exceeded the actual realization for reasons that reflect the unwinding of dynamic of labor quality and capital depending associated with the great recession. Thus, how to raise labor quality which concerns how to raise educational level to young people in any country will be one labor economic challenge in US in the future. Fernald (2015) also explained " the shortfall" in productivity growth relative to fundamentals reflects, at least in part, the unwinding of two dynamics associated with the great recession. He indicated that first, at the end of the great recession business had a lot of capital relative to labor, which has attended the need of add capacity to meet demand in recent years. In contrast to the outsized growth in capital deepening from 2007 to 2010 year, we have seen capital "shallowing" since 2010 year. Second, businesses fired low-skilled workers during the recession, which raised labor quality in 2007 year to 2010 year period. As these potential workers have been rehired, the growth rate of labor quality has added less. Thus, on the one hand, when one country encounters economic recession, many employers will like to employ high educational level and high skilled labor to raise productivity. If US encountered economic recession, but it had none (lacked) enough high educational level and high skilled knowledgeable workers to be supplied to the labor market in US. Then, US will encounter long term economic recession period, it can't shorten economic recession period. Thus, US will need to let many US young people have effort to study to prepare enough high educational level knowledge to do different kinds of professional or high knowledgeable or high technological jobs in future US labor market.

Download or read book UK and US Future Unique Technology Competitive written by Johnny Ch LOK and published by . This book was released on 2019-01-26 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ecommerce social economic development technologyHas it relationship between social influence and economic environment in future US? For example, the social factors that are positively correlated with the economic growth ( i.e. the expected years of schooling and the life expectancy) and respectively, the factors that are negatively correlated with US future economic growth ( i.e. the US population or risk of poverty and the unemployment rate).The improvement of the US future economic environment will be an objective of the macroeconomic policy on short, medium and also long term. The importance of social factors upon US future economic growth, considering that the future used macroeconomic indicator, GDP per capita, is not most proper measure for the future US nation welfare. Due to GDP per capital fails to take into consideration some specific sectors of the US social economy, such as the black market.Until recently, some economists rely on culture is as a possible determinant of economic phenomena. However, in current years, better techniques and more date made it possible to identify systematic differences in people's preferences and beliefs and to relate them to various measures of cultural environment suggest an approach to introduce cultural-based explanation that can be tested and are able to substantially understand economic phenomena.The increased importance of social factors relies on a basic concept. Some theory is measured to economic growth which has wrong assumption. For example, the fiscal and monetary policies focused on increasing the national income, which lead consequently to economic growth. The reason most of economic opinions have been argued because whose opinions are based on a wrong hypothesis, according to which the nation welfare is based only on the level of income.Can social factors influence US future economic growth? Human development history, global life expectancy has been experiencing these stages: from the industrialization process, the technologic progress, the medical evolution, the scientific research, these stages were also related to internal causes, specific to some developed countries, e.g. US developed country. Thus, the differences are significant and are linked both to US life expectancy level and the GDP /capita. Such as US population is less than China population too much. Although, US land area is near to China area. It seems US will encounter life expectancy level need to prepare its technological development to raise economy growth of opportunity. For example, Africa and Asia are still facing major economic and social issues. The access to a health life and medical services are still long terms objectives for countries with low life expectancy.According to Harrison & Huntington (2000), the analysis of social factors helps understanding the human behavior with respect to consumption, savings, investment system, expectations and attitudes towards the economic circumstances, which also have a major impact on the economic growth. The evolutions of economic and social environment are needed for US future development. In order to eliminate the gap of living standard, outside resources and support US needs have good social indicators study plan to concern econometric model to rise poor people living standard in future US society between rich and poor people who are living in US. However, I believe the social factors include demographic and culture, population's structure factors which are one important social indicator to influence the distribution of the US social public income.

Download or read book UK Us Future Unique Technology Development written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-25 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part TwoUS Future TechnologyIntroductionDuring economic development stage, any country must encounter any new challenges and these new challenges had not encountered to occur to any country in the past. However, the most fast economic growth of country, such as US, it will have possible to encounter these same challenges during its economic development stage.I write this book aims to give my view points to indicate and explain what factors will cause US future economic growth. In this book part one, it will explain why these factors will impact US future economic growth. The factors include external environment impact of developing countries cities technological competitive investment factor, the trends impact on rural America's future economy factor, high level education and high birth rate factor, socio-economic and political factor, an increase in the returns to education factor influences US future labor market change, popular science, technology, engineering and mathematics kind of labor supply will be increased demand in US, increase development in genetics, human intelligence, robotics, nanotechnology, 3D printing and biotechnology technological industry factor, US entrepreneurship innovation influence US future geography economic growth factor, the role of intangible assets influences the regional economic growth in US factor, social factor impacts US future economic growth, tourism industry influences US future economy growth, the effects of population growth influence US economy growth, reducing income inequality factor influences future boosting US economic growth, long term cheap medical cost trend factor influences US economic growth, talent management factor influence US economic growth factor, the impact of educational quality factor, bio-medical industry factor.Part TwoFuture factors influence US economic growthChapter TwoExternal environmental impact Some economists predict developing countries every city in the global 750 is projected to have a larger future technological economy growth. But the diversity of developing countries' economic performance is large. Developing economy cities, such as China, Japan, Hong Kong, Korea cities can grow rapidly by acquiring capital and technological know-how and putting them to use by their rapidly growing urban labor forces. Even, these developing countries cities' rapid technological development can impact to US labor market supply.Due to future rapid technological development to these developing countries, the result will cause developing countries cities, such as Asia China, Hong Kong, India cities economy growth will rapidly. Otherwise, developed western countries cities, such as US, UK, Canada, Australia, Span, Germany etc. countries lie close to the technological frontier have stable urban populations and more limited investment and job creation opportunities. It will influence these developed countries' economic growth is slow than the developing countries. Due to developing Asia countries cities will prefer to invest more technological development to compare to developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries. Therefore developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries tend to grow more slowly. It seems developing Asia countries, such as Hong Kong, China, Korea etc. countries urban and central cities economic performance within developing countries will be better than developed countries, such as UK, US urban and central cities within five years.

Download or read book UK And US Future Unique Technology Competitive Competitive written by Johnny Ch LOK and published by Independently Published. This book was released on 2019-04-19 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Genetics, human intelligence, robotics, nanotechnology, 3D printing and biotechnology technological industryIn US future, these kinds of jobs will be needed to increase development in genetics, human intelligence, robotics, nanotechnology, 3D printing and biotechnology. For example, smart systems homes, factories, farms grids or cities will help tackle problems ranging from supply chain management to climate change. The rise of US economy growth will allow US people to monetize everything from their empty house to their car in US. These new technological products development will change US patterns of consumption, production and employment adaption are also be changed by US corporations, US government and individuals.Why will the technological revolution be broader socio-economic, geopolitical and demographic drivers of change to influence future US social economic and consumption pattern change? Future US most occupations will also be changed. When some traditional old jobs are threatened by redundancy and other new technological jobs will grow rapidly, existing jobs are also changed in the skill sets required to do them. The debate is between some economists foresee limitless new job opportunities and foresee massive dislocation of US jobs. In fact, the reality is highly specific to future US high technological production industry, region and high technological occupation in question as well as how US production workers can be raised themselves ability to actions the upgrade level of high technological production ability from various stakeholders to manage high technological production method change.Overall, this is a modestly positive outlook of US high technological production employment across future most high technological production industries with jobs growth expected in several sectors. However, it is also clear that this need for more talent in certain job categories is accompanied by high skills instability across all job categories. Combined together, future US net job growth and skills instability result in most US businesses with face major recruitment challenges and talent shortages, a pattern already evident in the result and set to get worse over next five years in possible.The question is how US businesses, government and individuals will react to these new technological job changes, due to talent shortage, mass unemployment and growing inequality challenges will encounter in future US society.The current technological revolution does not need become a race between humans and machines , but rather an opportunity for work to truly become a channel through which US people recognize their potential. So, if US traditional low manufacturing skillful workers lack talent to learn new skills to prepare to do future new technological manufacturing jobs, such as 3 D printing, robotics, nanotechnology, biotechnological high technological products manufacturing jobs. Then, it will cause increasing of unemployment rate to some not talent US low manufacturing skillful workers. So, US government or high technological product industry employers need to consider this future unemployment challenge will be caused by high technological products manufacturing changing influences. It seems high technological development will cause these low manufacturing skillful workers unemployed rising numbers as well as high manufacturing skillful workers human capital shortage global challenges will exist.

Download or read book Developed Countries Future Unique Technology Competitive Comparision written by Johnny Ch Lok and published by . This book was released on 2019-12-12 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are high automatic technology product development models needed to research to UK any manufacturers? UK government and manufacturers need to consider how to achieve high technology product development models. According to Hauser et al. (2006) indicated the high technology (high tech.) development process, is influenced by the innovative process, bringing products on exception value which stimulate product market demand. Innovation provides products the specific basis for which world economies compete with each other on the global market. Able to find new solutions, innovations generate significant changes in existing markets, destroy them, or create new marketing ( Hauser et al. 2006). So, UK manufacturers need to concern on any manufacturing high technology product development process because which can influence any new products development to manufacture to sell to any overseas or domestic both markets successfully.What is high tech. product meaning? Mohr et al. (2010) argues that there are two reasons why it is important to clarify and specific high technology: (1) due to the impact of technologies on the economy, attempts are made to classify economic production and incomes; (2) due to the impact of high tech. on the environment. Standard marketing strategies are being modified and adopted, therefore, it is necessary to know the products to focus on. Why UK manufacturers need to consider high technological product process. Nowadays, high tech. products are complex, advanced, requiring specific technical knowledge, which is technologically not discontinued and being produced at the companies which have twice as many technical personnel and invest twice as many in scientific research and development than other companies. Moreover, these products are time-sensitive as scientists are continuously searching for new approaches for invention of more advanced technologies which make all preceding ones lower-ranking. The most important, nowadays global consumers will adopt the particular technology. It means that global customers may delay adopting new high-tech. products and in order to mitigate the prolonged uncertainty require a high degree of education and information about the product and need post-purchase reassurance.Anyway, nowadays customer individual needs in high tech. environments are characterized by sudden changes related to unpredictable fashion. Even, consumers concern about how to preserve new product' competitive technological standard is completely incompatible with technological uncertainty. The most important factor is the prevalence rate of any new products development process, which is influenced by slower than of traditional products. In many cases high-tech. automatic product market are being materialized slower than which are expected. The technological uncertainty challenges will exist in development process, such as uncertainty related to the timetable for development of the question whether the new product will be function as promised. In automatic high-tech. industries, the time requires for product development is difficult to predict as, commonly, it takes longer than expected, uncertainty related to unanticipated consequences and uncertainty about the product life cycle related to competition products. In conclusion, these factors will influence new automatic technology product development process unsuccessful, so UK manufacturers will need to concern on any high technological automatic product's manufacturing process.Before, all over the world presented picture of demonstrate in London on the occasion of the meeting of the G20. Some economists indicated disastrous economy consequences will occur to any one of Western country, such as UK, so if any one of Western country did not consider automatic technology development to itself country.

Download or read book UK Us Future Unique Technology Competitive Effort written by Johnny Ch Lok and published by Independently Published. This book was released on 2019-01-25 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intangible assets ecommerce technologyWhat are the four big factors of intangible assets? Some economists indicated they include knowledgeable capital, human capital, social capital and entrepreneurs capital. Nowadays, globalization and increased competition will cause new types of pressure to influence US economic growth. So, US companies need have flexibility, the ability to immediately adapt to market developments, and pro-activism in creating future markets. The relative importance of physical growth: However, soft production factors, that is those related to personal knowledge are becoming more important to influence US future economic growth, which regards to human capital and knowledge as driving factor of economic growth in industries developed countries, such as US.All these soft production factors can be grouped in what is known intangible assets. These assets can be defined as non-material factors that contribute to enterprise performance in the production of products or the provision of services, or that are expected to generate future economic benefits to the entities or individuals that control their deployment ( Akerlof & Kranton, 2000).Whether it has a close relationship between these intangible assets and US regional economic growth? Some economists had researched to have more reliable quantitative statistical information to do report in above four big factors how to effect on US regional economical growth influence. Their report indicated that returns from human and social capital are taken as homogeneous for US all regions. They also indicated these two sets of questions in their report. The first one, dealing with knowledge accumulation, addresses, among others the following issues: (a) How does innovation and knowledge accumulation occur within firms and hoe does it impact on economic performance?(b) What is the role of universities in regional, national and global knowledge accumulation processes?The second set of questions addresses the key knowledge diffuses over space and how this diffusion impacts on economic performances.In particular: (c) To what extent knowledge diffusion is conditioned by spatial proximity?(d) What is the impact of knowledge accumulation and diffusion on economic performance?

Download or read book UK and US Future Unique Technology Development Difference written by Johnny Ch LOK and published by . This book was released on 2019-01-27 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter TwoUS Future Unique TechnologyEnvironment protection technologySome economists predict developing countries every city in the global 750 is projected to have a larger future technological economy growth. But the diversity of developing countries' economic performance is large. Developing economy cities, such as China, Japan, Hong Kong, Korea cities can grow rapidly by acquiring capital and technological know-how and putting them to use by their rapidly growing urban labor forces. Even, these developing countries cities' rapid technological development can impact to US labor market supply.Due to future rapid technological development to these developing countries, the result will cause developing countries cities, such as Asia China, Hong Kong, India cities economy growth will rapidly. Otherwise, developed western countries cities, such as US, UK, Canada, Australia, Span, Germany etc. countries lie close to the technological frontier have stable urban populations and more limited investment and job creation opportunities. It will influence these developed countries' economic growth is slow than the developing countries. Due to developing Asia countries cities will prefer to invest more technological development to compare to developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries. Therefore developed countries, such as US, UK, Canada, Australia, Span, Germany etc. countries tend to grow more slowly. It seems developing Asia countries, such as Hong Kong, China, Korea etc. countries urban and central cities economic performance within developing countries will be better than developed countries, such as UK, US urban and central cities within five years.Thus, I suppose that future developed countries, such as US the speed of technological development will be slower to compare developing countries, such as Hong Kong , China, Korea, India etc. countries. Then, it will bring this question: How to solve developed countries, such as US, Washington, New York etc. cities future economic slow growth challenge? For future developed country cities, such as New York, Washington etc. large cities' technological investment and location decision, it will need understand that diversity is essential. Various factors can have an impact on US country intra-national urban cities performance, including sector structures, agglomeration benefits, infrastructure quality. For example, US country central government needs have tolerance of diverse performance, land supply and US city governance plan. It aims to raise US central and urban cities' future economic performance. Moreover, US country will need to concern above issues to arrange how to improve central and urban city economic development . Specially, it will need to concern technology innovation to encourage many overseas technology investors to anticipate different kinds of technology products innovation, e.g. human intelligence machine, mobile, computer etc. high technology products. It aims to absorb different countries' new technological knowledge of different kinds of high technological products to excite US domestic or foreign countries consumers' desires to choose to buy many different kinds of high technological products to raise US GDP growth in US technological product sector industry in the future.

Download or read book Global Competitiveness of U S Advanced technology Manufacturing Industries Pharmaceuticals written by and published by . This book was released on 1991 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book FUTURE UK AND US TECHNOLOGICAL DEVELOPMENT DIFFERENCE written by John Lok and published by . This book was released on 2022-02-04 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book divides three parts. The first part explains what future technology factors will influence US economy development. The second part explains what future technology factors will influence UK economy development. The final part that I shall give some economy theories to explain why these kinds of technological factors can influence future these both countries' economy growth. It brings these two questions: What are future influential technological development trend to US and UK? Can technological resource shortage threaten UK and US technological service or product manufacturing industries development ?

Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Download or read book U S Export Competitiveness written by United States. Congress. Joint Economic Committee and published by . This book was released on 1981 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Futuer Technology Development Trend written by John Lok and published by . This book was released on 2022-01-05 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book will answer these questions: What kind of technologies will be UK and US governments and businessmen who need to spend to invest and develop within ten years? Are environment and education and automatic manufacturing technologies will be UK and US future new technological development trends? What will be the difference between UK and US future technologies development both in the future?

Download or read book UK Us Future Predictive Technological Development written by Johnny Ch Lok and published by Independently Published. This book was released on 2018-11-21 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Natural rate of unemploymentEconomists believe why natural rate of unemployment will occur in any countries. They indicate that during economy condition keeps at the balance situation ( condition), anyway any country government adopts any policy. However, the natural rate of unemployment won't reach to zero level as well as there are some people will still unemployed or it is possible that some people will be alternative employment between any time. Hence, it means that although US and UK is an developed country. It can not guarantee there are not any people unemployed, so the natural rate of unemployment will not reach to zero level.So, it seems that US and UK current economy condition had kept at the balance situation ( condition). Thus, even future science, technology, engineering and mathematics workers will drive US innovation and competitiveness by new ideas, new companies and new industries in US. However, US and UK employers frequently concern the supply and availability of this kind of workers. Over the past 10 years, growth in this kind of jobs was three times as fast as growth to general jobs in US. In the future the Natural rate of unemployment of US and UK science, technology, engineering and mathematics worker number must not reach zero level.Anyway, in the future, the perspective of bio-medical industry will be an alternative growth scenario. So, US and UK government will need to modest improvements in key policy areas to adopt bio-medical industry needs, e.g. more favorable coverage and payment policies for medical innovation, improvements in regulatory policy to create efficiencies in research and development process and improvements in policy to incentive R & D ( research and development) create efficiencies in the R & D process.As an industry rooted in science and advanced manufacturing, the innovation bio-medical industry is uniquely position to help maintain US leadership in new technologies and scientific to continue to create high quality, high wage R&D and manufacturing jobs and enhance America's global competitiveness in the future. In the future the Natural rate of unemployment of US and UK of bio-medical industry worker number must not reach zero level. Thus, if future US had enough job number which could supply to these high technological and bio medical industries of labors to do. However, the natural rate of unemployment must not reach at zero level and it does not represent its economy is poor because one developed country, such as US had been experiencing economy condition keeps at the balance situation( condition), so it's natural rate of unemployment must not reach zero level . Otherwise, the developing countries

Download or read book Mastering a New Role written by National Academy of Engineering and published by National Academies Press. This book was released on 1993-02-01 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the changing character of commercial technology development and diffusion in an integrated global economy and its implications for U.S. public policies in support of technological innovation. The volume considers the history, current practice, and future prospects for national policies to encourage economic development through both direct and indirect government support of technological advance.

Download or read book UK Us Future Predictive Technological Difference written by Johnny C. H. Lok and published by Independently Published. This book was released on 2018-11-21 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the trends impact on rural America's future economy?Some economists indicate that there are five trends reshape to impact rural America' future economy. They include that digital economy will shift future America rural economy. US quality of life will change a lot, the US rural economy will stay uneven, US commodities will compete in global markets and will give less benefit to US rural economy and US new products will revolutionize US agriculture economy. The first aspect impacts to US agriculture economy, the US future rural economy stays uneven. Growth will concentrate in 4 out of 10 rural places and they have scenery, a retail hub, or one next to a city in US. The impact on rural America includes some rural places will try to manage growth , but many places on a quest for new economic engines. Thus, it will bring these questions to US rural economy impact, such as : Who will be US businessmen clients? The struggling farmers? The struggling farm-dependent country? The booming mountain area? The rural area transforming into city? The second aspect impacts to US agriculture economy, due to US commodities will compete in global markets if it will bring a smaller benefit in US rural economy. Then, US farm scale will cut costs and competition fewer US farms and places will depend on farm income. What is the impact of commoditization on rural America? There are more farms depend on area jobs and it creates a new imperative to add value. What is the impact of commodity on US clients? The need for competitive commodities remains, but the payoff for added value is rising and community impacts are important.The third aspect impact to US agriculture economy, new products will revolutionize agriculture. Major, shift from commodities to products, spurred by biotech, means two agriculture in the future and two rural America . Hence, US future agriculture determination the rural economy will be declined. A future new US agriculture supply chain integrator will be caused from the traditional farming supply chain procedure the change to outsourced contractor farming supply chain procedure, such as: In beginning, from farmer will outsource supply chain contract to processor, then contract to distributor and contract to food retailer final step.The fourth aspect impacts to US agriculture economy, what will be two agricultures impact to the US future economy? The first US agriculture impact will be US commodity agriculture. It focuses on production capabilities, farming foods production will be thin margins maintained with technology and big sale. The second US agriculture impact will be product agriculture. It focuses on consumer needs, farming foods production margins will be protected by capturing value and building business relationship. Thus, it will bring these questions concern what the impact of product agriculture which can influence to US economy. How to apply biotechnological agricultural techniques and farming product application to raise US farming productivity? How to build world class agricultural ( farm) producing chains that benefit to US farming produces production method? How can US faming foods producers participation or lead in product chains?