So should the National Institutes of Health have waited, and focused instead on creating cheaper technology?
In north-east Brazil, too, a sewerage system combining cheaper technology and community involvement has proved a runaway success.
Why adopt a new, cheaper technology if you cannot increase your margins?
Vistar uses even cheaper technology--leased space on a geosynchronous satellite that is in view of all of North America--but its devices can't transmit as much data per burst.
Wall Street knows me very well, and if I say that Tessera has a very bright future inventing smaller, faster, and cheaper technology for the electronics business, they can take that to the bank.
While big ugly conglomerates gasped for air during the 1970s, start-ups such as Federal Express, Microsoft, Apple, Genentech, Charles Schwab Corp. and Oracle were launched on the basis of cheaper technology and radically new business models.
In a single year, without any federal funding, the X Prize had identified a problem, incentivized a solution, and produced a more efficient and cheaper technology that more than quadrupled the industry standard for cleaning oil spills.
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India's ambassador to the United States, Nirupama Rao, argued in USA Today that everyone benefits from a generous guest worker policy, with Indian tech firms also creating 50, 000 jobs for American workers and consumers benefiting from cheaper technology.
This is thanks first to the DNA sequencing technology introduced by 454 Life Sciences (now part of Roche), and then to the even faster, cheaper technology introduced by Illumina, which is now the dominant maker of DNA sequencing gear.
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Another winner Buffett eschewed playing when it was cheaper was technology.
But as time marches on, supply-chain technology is sure to get cheaper, as technology always does.
Christensen details how established leaders in industries from steel to disk drives were displaced by innovators armed with cheaper, better technology.
It is likely that more conventional (cheaper and proven technology) and polluting coal-fired plants will be built to keep the lights on around the world.
Specifically, to the extent that we continue to progress in making non-fossil-fuels technology cheaper and more effective for an ever wider array of applications, we can accelerate the ongoing de-carbonization of our economy.
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Exactly, as soon as the driverless technology is cheaper than the driver then those jobs will disappear.
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Theoretically, as the technology becomes cheaper the treatments will become cheaper as well.
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Phone company engineers liked ATM, and Floyd figured that by developing ATM-based devices, Efficient would gain an edge over companies with cheaper or more exotic technology.
" Besides, he adds, "wireless technology is cheaper and quicker to install in remote parts of Asia, like China, India and Vietnam than wired.
Jones says Skyonic's exhaust scrubbing technology is cheaper than traditional wet limestone treatment, and it can be scaled to fit small and medium-size coal plants.
Prof Gary Tearney, one of the research collaborators, said the technology is cheaper than endoscopy and avoids the need for sedation, specialised equipment or special training.
The Internet also helps Dell provide better and cheaper technical support with technology that allows buyers to log on to a Web site for instant answers and software fixes (see box, opposite).
The good news is that it is very easy for these operators to identify where to build out capacity with the cheaper Wi-Fi technology as 70% of the data traffic is going through only 20% of the 3G cells.
Cheaper communications and advances in computer technology are allowing service-sector companies to move more and more sophisticated activities to cheaper overseas locations.
The cannibalization arises from semiconductors providing a cheaper alternative to an established technology.
This could be viable, he says, because the cost of making a indie film has gone down as the technology has become cheaper and more available.
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Congress was somewhat mollified about all the money that had been wasted when the Army promised to use Crusader technology in a cheaper, more deployable gun employing precision-guided rounds.
And genetic technology is getting cheaper by the day.
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That technology is getting cheaper, the data are getting more reliable, and some car companies are starting to offer insurers access to their onboard-telematics systems to harvest driving information to tailor insurance premiums to an individual's behavior.
As the middle class "opts out" of Medicare because the premiums keep rising, a larger portion of the population enters a market-based system with even more incentives for ever cheaper early detection until the technology gets cheap enough to be adopted universally, across the income spectrum.
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