How to Survive By Clifford Jernigan H igh-tech and biotech companies are at risk. They may have leading edge research and development capability, the lowest cost manufacturing, an insatiable market demand, and the best marketing teams, and yet bad government policies can slash their sales and take their bottom lines from black to red. Companies must know how to avoid these problems and survive onerous government policies. The stakes are enormously high.
Technology companies are important for California's economic future.
The leading high-tech sectors in California include software and computer services, telecommunications, computer manufacturing and semiconductor manufacturing. California ranks first among the states in high-tech employment and exports and third in average annual wages behind the states of Washington and New Jersey. Improving the workforce environment through continuing education, attractive compensation and retirement programs, infrastructure needs, such as housing and transportation, and respecting rights of the individual. Prevalent in all of these themes is competitiveness within and without the United States. It is important for government to advance programs that help competitiveness.