Sunrise industries


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Sunrise industries

Growth industries in an economy that may become leaders in the market in the future.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Sunrise Industries

Industries in an economy that are growing rapidly and may become market leaders in the future. One example is the Internet industry in the 1990s. While many such companies were just part of the dot-com bubble, companies like Google and Amazon grew very quickly throughout the decade and are now considered fairly prominent stocks. Identifying sunrise industries can be risky, as one may be wrong about a market's direction. However, a correct investment can provide rapid capital appreciation in the near term and a steady return in the long term. See also: Industry life cycle, Sunset industry.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
These programs should be emulated by enterprises in the other sunrise industries in the coming years, such as tourism, health care, and agribusiness.
Like it or not, the jobs of the future are in finance, call centres, tourism and - even though the "sunrise industries" have taken a knock - electronics.
It's clear that in this climate no one's job is safe, whether they work in traditional industries like shipbuilding or the so-called sunrise industries like computers and telecommunications.
In all listings of the sunrise industries in the Philippines over the coming decades, supply chain or logistics is always included.
Once mocked as a "nanny state" in the 1980s, Singapore is Southeast Asia's banking, aviation, logistics, shopping, shipping, oil and gas trading and property hub as well as the incubator of sunrise industries that range from robotics to artificial intelligence software, aerospace design to biotech to e-commerce.
One other argument that should have prevented the Tariff Commission from favoring Tipco is that the Safeguard Measure Act was meant for so-called infant or sunrise industries, not the domestic paper manufacturing sector that has been in operation for many decades, with little to show by way of improved efficiency or higher competitiveness against foreign paper manufacturers.
No doubt some will suggest that RDA attention should move elsewhere - to an area 'more deserving' - however, common-sense also suggests that our major international gateway, further hightech growth and sunrise industries should all be supported - rather than be sidelined and left to fend for themselves - or indeed bypassed by HighSpeed Rail.
Such global strategic alliances are likely to form a key part in transforming the North-east economy from sunset to sunrise industries.
Hot on the heels of the troubles at Motorola and Compaq, it now seems we were foolish to believe the so-called sunrise industries would save our economy.
During the '50s, '60s, '80s, and the '90s, we saw sunrise industries that eventually became sunset industries, although some managed to be revived.
It will also identify sunrise industries in India and UAE for investment opportunities.