Perhaps only in the healthcare field, in developing new drugs, do things still take that long. It seems that the new technologies don't wait to establish themselves. As one appears, it is being merged with another new one to create something even newer. It makes me think of an animated film of the growth of a fractal. Interdependence Thirdly, we are seeing a concentration within the industries of electrotechnology, particularly as it relates to new components and to systems technology.
Interdependence is the idea here.
Everybody relies on somebody else for some part of the process when manufacturing goods or in providing services. No one today can do it alone. This applies equally to standardization. Consortia Fourthly, we are seeing consortia and industry fora being set up so that companies can address their own needs quickly and efficiently within this dynamic market. They tend to be set up at the earliest possible stage, even as early as the research and development phase, which is well ahead of production and marketing.