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== History == [[File:Matam hi-tech park (Haifa).jpg|thumb|287x287px|Matam high tech park in [[Silicon Wadi]], [[Haifa]], Israel]] The phrase was used in a 1958 ''[[The New York Times]]'' story advocating "[[Nuclear power|atomic energy]]" for Europe: "... Western Europe, with its dense population and its high technology ...."<ref>"Atomic Power for Europe", ''The New York Times'', February 4, 1958, p. 17.</ref> Robert Metz used the term in a financial column in 1969, saying Arthur H. Collins of [[Collins Radio]] "controls a score of high technology patents in a variety of fields"<ref>Metz, Robert (1969). "Market Place: Collins Versus The Middle Man", ''The New York Times'', April 24, 1969, p. 64.</ref> and in a 1971 article used the abbreviated form, "high tech".<ref>Metz, Robert (1971). "Market Place: So What Made E.D.S. Plunge?", ''The New York Times'', November 11, 1971, p. 72.</ref> A widely used classification of high-technological industries was provided by the [[OECD]] in 2006.<ref>Hatzichronoglou, Thomas: "Revision of the High-Technology Sector and Product Classification", OECD Science, Technology and Industry Working Papers, No. 1997/02, OECD Publishing, Paris.</ref> It is based on the intensity of research and development activities used in these industries within OECD countries, resulting in four distinct categories.<ref>High Tech Trademarks by John Mendenhall, Art Direction Book Co; First Edition (January 1, 1985) {{ISBN|0881080241}}</ref> In the 21st century, the high tech industry is a significant part of several advanced economies.<ref>{{cite encyclopedia |last1=Yu |first1=Zhou |title=High-Tech Industry |encyclopedia=International Encyclopedia of Geography |date=2024 |pages=1β5 |doi=10.1002/9781118786352.wbieg2200 |isbn=9781118786352}}</ref> The [[Economy of Israel|Israeli economy]] has the highest ratio in the world, with the high tech sector accounting for 20% of the economy. High tech makes up 9.3% of the [[American economy]] according to [[Statista]]<ref>{{Cite web |title=Tech GDP as a percent of total U.S. GDP 2022 |url=https://www.statista.com/statistics/1239480/united-states-leading-states-by-tech-contribution-to-gross-product/ |access-date=2024-06-25 |website=Statista |language=en}}</ref> and [[CTech]].<ref>{{Cite web |date=2024-06-04 |title=For Israeli economy, no substitute for high-tech dominance |url=https://www.calcalistech.com/ctechnews/article/kisqf2dex |access-date=2024-06-25 |website=ctech |language=en}}</ref>
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