Innovation could suffer as well: rights holders could ignore technological improvement just because it does not fit their business model.

ECONOMIST: Economics focus

My position perhaps more clearly stated is that if all markets were clearing then phenomena such as: lack of educational improvement, globalization, de-industrialization, skew of technological improvement towards information technology, energy shortages, etc would show up in wages.

FORBES: Stagnation and Recession

And with technological innovation and improvement sure to continue, keeping up is crucial and at the same time expensive.

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They identified education as a profession where labor productivity was not amenable to improvement through technological advance.

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Just imagine where this will take the marketing organization in terms of process improvement and technological support to get the job done.

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In the chart above we forecast the high gross margin for mobile flash memory cards will continue into the future, as the cost improvement achieved is based on technological developments by SanDisk.

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