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Introduction

Survey Method

Data Analysis

Summary of Findings

Table A

  Table B
Table 1

  Figure 1

 Figure 2

 Figure 3

 Figure 4

 Figure 5

 

SUMMARY OF FINDINGS

High technology continues to have a noticeable presence in Hawaii’s economy.

  • As of fiscal or calendar year 1998, an estimated 629 high technology firms in manufacturing; communications; computer and software services; science, research, and development; and engineering employed nearly 17,000 persons in Hawaii. (Figure 4 and Table 1)
            
  • High technology companies and organizations were responsible for an estimated total of more than $1.8 billion in annual revenues. (Table 1)

The state of Hawaii continues to attract technology-related businesses and organizations.

  • The number and revenue of Hawaii high technology firms show a steady upward trend from the estimated 300 high technology companies and their approximately $1 billion in annual revenues in 1993.[1] (Figures 4 and 5)
  • Estimated employment among such firms has more than doubled from 1993’s 7,125.[2]

Within Hawaii’s high technology industry, computer-related firms lead the way.

  • The leader in generating both revenue and employment is the computer and software services sector, followed by communications. (Table 1) The other high technology firms and organizations, however, outnumber those involved with computers and software. (Figure 1)
  • As in 1993, services continue to far outpace manufacturing as an employment source.[3] (Table 1)

High technology industry in Hawaii is expected to continue its upward momentum.

  • Based on trends established by High Tech Business Survey results for 1990, 1993, and 1998, the number of high technology firms and organizations in Hawaii is expected to exceed 700 in the year 2000. (Figure 4)
  • Total revenue from Hawaii high technology operations is projected to be more than $2 billion by the year 2000. (Figure 5)
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[1] From HTDC Strategic Plan 1995-2000 for 1993 figures. 1993 revenues were converted to 1998 dollars in Figure 5.

[2] 1993 estimate from Figure 3, HTDC Strategic Plan.

[3] Different definitions of industry categories were used in this study and a more detailed breakdown of sectors was employed, making comparisons of results over time for individual industrial sectors difficult.

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