High-tech Trade by Enterprise Characteristics

Until now two approaches existed to identify high-tech foreign trade: The product approach which uses a list of goods classified as high-tech products2 and the sectoral approach which identifies the trade by the sectors classified as high-tech industries. The current nomenclature of the sectoral approach stems from an investigation done by Thomas Hatzichronoglou presented in 1997 by the OECD and was subsequently updated in 2005 and reviewed by the EU Commission’s Joint Research Centre (JRC) in 2008… more »