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Technology is always advancing and so is the global impact. The article above explains how globalization is affecting the trajectory of the technological industries. Technological industries have been on the rise and because of that, a technological industrial cluster has arisen. These clusters can be essential and or pivotal in the global/regional progress of tech, this is due to the increase of competition and cooperation that occurs with the creation of the clusters. High-tech small and midsize enterprises ( a.k.a SME ) are the ones mostly affected by these clusters due to shifts in competitive behaviour and performing environment.

What drives these SMEs is the science and technologies research and sustainable high-tech products. The effect of globalization on the technological industry is that it helps strengthen the growth and competitiveness of the tech industry globally.