Word: techs
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Dates: during 1980-1989
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...generous credit terms that exporters in foreign country A, with assistance from their government, might offer to buyers in foreign country B. Reagan also promised to "work unceasingly" to tear down such trade barriers as laws that restrict the sale of U.S. insurance in South Korea and high-tech products in Brazil. He cited world trade treaties that permit highly selective limits on the sale in the U.S. of products from those countries...
Meanwhile, Jobs has inspired hopeful activity far from Silicon Valley. The Chamber of Commerce of Boulder, Colo., last week invited Jobs to bring his new company to that city (pop. 77,000), where some 7,000 high-tech workers have been laid off during the past 18 months. Jobs could probably use a Rocky Mountain high, but he has yet to respond to the offer...
...Rockwell ($25 million). Scores of other star-struck companies, from giant IBM to tiny General Research of Santa Barbara, Calif., have also pushed onto the SDIO payroll. Says Wolfgang Demisch, an analyst at the First Boston investment firm: "SDI is the future of the defense industry. No competitive high-tech company can afford not to be a part...
...scientific breakthroughs that businesses will need in order to make Star Wars a reality may come from university laboratories. SDIO has awarded $19 million to a five-member consortium made up of Auburn, Polytechnic Institute of New York, the State University of New York at Buffalo, Texas Tech and the University of Texas at Arlington. Their mission: to develop a power system for Star Wars weaponry. SDIO also approved a $9 million grant to a group of scientists at nine universities and other research institutions, including Carnegie-Mellon, Caltech, M.I.T. and Stanford. They will try to develop superfast optical computers...
While scientists and politicians debate the merits of SDI, companies are plunging fearlessly ahead with their Star Wars research. Says Gaynor Kelley, president of Perkin-Elmer, a high-tech firm based in Norwalk, Conn.: "We see SDI as a chance to generate hundreds of millions of dollars in business over the next five to ten years." Such payoffs are far from a sure thing, but it is a business opportunity too great to ignore...