Identifying 'super-technology' industries

High-technology industries ave those whose business activities are highly d ependent upon innovation in science and technology; they are of interest be cause of their strong economic performance. Two metrics for identifying hig h-technology industries ave: research intensity (total R&D expenditures div ided by total sales) and total R&D expenditures. "Super-technology" industr ies rank highly on both these metrics. Sales data over a seven-year period indicate that high research intensity is the metric most closely associated with high growth, and that high total R&D expenditure is associated with a verage sales growth. Super-technology industries have more significant econ omic impact than high-research-intensity industries, and better sales perfo rmance than high-R&D-expenditure industries.