High-technology industries include companies that manufacture computers, communications equipment, and semiconductors. Traditional manufacturing has experienced stagnant growth while high-technology firms were soaring, offsetting each other. In the meantime, biotechnology is inching closer to the steering wheel. Cell culture technology, biosensor technology, genetic modification technology, antisense technology and protein engineering technology are all part of the biotechnology industry. Biotechnology is anything that uses the cellular and molecular processes to solve problems or make products and it is poised to be the dynamic industry of the 21st century.
Biotechnology seems to be the next step in the American manufacturing saga.
This research-intensive industry has a significant presence in Washington, D.C., San Diego, San Francisco, Orange County and the New England area. When computers and biology merged, a revolution of the biomedical research and health care field began and this could substantially affect this sector. Los Angeles industrial market conditions are excellent. Downtown L.A. is the center of a resurgence in industrial, trade and warehousing with space at a premium. Sacramento provides quality space and employees for a much cheaper price than San Francisco and is benefiting from a high-tech migration from the Bay Area.