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Old 08-13-2009, 09:22 PM   #45
Agemegos
 
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Join Date: May 2005
Location: Oz
Default Re: Sectors of an Ultra-Tech/Bio-Tech economy

Quote:
Originally Posted by Langy View Post
Also, economies of scale don't scale up unendingly.
No, but in general high-tech junk has a much higher minimum efficient scale than low-tech junk.

Quote:
Specialization in research and development is a different beast than specialization in manufacturing. If you don't need to transport a product, then you can easily specialize it all into one location without having too many problems with transit times.
Nevertheless we fabricate microchips in Japan, California, and Korea, assemble computers in Thailand, and ship the finished products to Iceland and Australia.
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