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US tech firms bullish on re-election of Bush

12.04.04 | Stevens Institute of Technology

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Dr. Derek B. Smith, the Director of the GTCI, explains some of the report's findings. "More than half our respondents thought this result was good for technology firms," he said, "well ahead of our control group, where one in five thought the result was bad for tech firms. Fewer than 10 percent of our GTCI respondents agreed with this last point."

Only 15 percent of the GTCI respondents thought the re-election of President Bush would make doing business overseas any easier compared with a quarter who thought it would be harder. The control group was evenly split.

"Almost nobody from GTCI thought that the result would lead to a lower level of technology investment," said Smith, "while a third thought it would lead to higher levels."

The Global Technology Confidence Index post-election survey is available to Executive Panel members at http://www.stevens-tech.edu/gtci/NewsEvents/index.html . This survey represents an initial poll by GTCI to measure Executive Panel opinion on a matter of topical interest in the news. In September, GTCI released its regular quarterly report on business and technology confidence.

Dr. Smith elaborated on those findings: "Business confidence worldwide fell back sharply by almost a full point to the lowest level for a year," he said. "Confidence turned down most in Japan and Europe, to a lesser extent in North America, where the index remained higher than in any other region. Elsewhere sentiment strengthened, so the picture is not uniform throughout the world."

The technology confidence index slipped back a bit from the April value, getting below 100 again. The index had not moved much since May '03, having dipped a little initially, plateauing in the first quarter, and then falling away slightly along with the business confidence index.

The report detailed an array of other significant findings:

Business Outlook

Human Capital

Technology Alignment

Technology Innovation

Strategic Project & Process Management

Technology Management

The full GTCI Report 2004, Volume 3, is made available for free to all GTCI Senior International Executive Members. Report samples and additional information on GTCI can be accessed at www.Stevens.edu/gtci . To obtain a copy of this latest GTCI REPORT or previous GTCI REPORTS please contact the GTCI office at Stevens. All inquiries about the survey, report, and GTCI partnering opportunities may be addressed to Eric Koomen at 201-216-8546 or ekoomen@stevens.edu .

GTCI is a program of the Howe School of Technology Management at Stevens Institute of Technology, located in Hoboken N.J., across the Hudson River overlooking the Manhattan skyline. The Howe School also provides executive educational opportunities within Stevens' Technogenesis® environment: Stevens Institute of Technology has excelled in bridging academic studies and research with real world implementation for more than 130 years.

About Stevens Institute of Technology

Established in 1870, Stevens offers baccalaureate, masters and doctoral degrees in engineering, science, computer science, management and technology management, as well as a baccalaureate in the humanities and liberal arts, and in business and technology. The university has enrollments of approximately 1,740 undergraduates and 2,600 graduate students. Additional information may be obtained from its web page at www.Stevens.edu .

For the latest news about Stevens, please visit www.StevensNewsService.com .

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Contact Information

Patrick Berzinski
Stevens Institute of Technology
pberzins@stevens.edu

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How to Cite This Article

APA:
Stevens Institute of Technology. (2004, December 4). US tech firms bullish on re-election of Bush. Brightsurf News. https://www.brightsurf.com/news/LR5QZ6M8/us-tech-firms-bullish-on-re-election-of-bush.html
MLA:
"US tech firms bullish on re-election of Bush." Brightsurf News, Dec. 4 2004, https://www.brightsurf.com/news/LR5QZ6M8/us-tech-firms-bullish-on-re-election-of-bush.html.