It’s somewhat funny, just a few weeks ago you could read in several news articles, how the tech sector wasn’t going to be affected by the global crisis. The NYtimes reported on the 28th September that Silicon Valley Barely Touched by Financial Crisis — So Far and Seeking Alpha reported on 13th October that Tech sector liquidity remains strong despite credit crisis.

A few weeks later news starts erupting about how it’s not all just roses for the tech sector. Vnunet.com reports how the Economic crisis grips global tech sector. Some examples showing us how even the tech sector ins’t immune from a global crisis are these: a 10 per cent drop in Oracle’s share price, SAP revising its earlier third-quarter projections and Sun Microsystems announces slowing performance in the US would be likely to affect its growth.

While reading such news articles, the question that keeps on popping up in my head is: What about the research and development investments? I mean it’s surely all fine for companies like Microsoft, SAP, Oracle, etc. to spend millions on investing in new products, but with such slowdowns (globally) it might not be so wise to spend that on R&D right now. Time will tell what happens with advances in technology…

Image by originalgoast under CreativeCommons