38  PricewaterhouseCoopers/Thomson Venture Economics/National Venture Capital Association, MoneyTree Survey. 39  Thompson Financial Securities Data Corporation. 40  Margo (2000), pp. 215-16. 41  Beniger (1986). BIS Review 1/2004  9  valued by firms in these industries.
That wage levels in these industries tended to be higher than for the manufacturing sector as a whole is a further indication that they employed workers with more skills.42 Similarly, throughout the rest of the twentieth century, skilled labor and new technologies appeared to be complements in production.