DLA Piper Technology Leaders Forecast Survey notes while tech executives are encouraged by future markets, growth in employment and R&D to remain flatThe DLA Piper Survey reports more than 80 percent of technology and private equity executives believe the world economy will continue to improve in the short term. Six months ago, only 69 percent believed an economic recovery was around the corner. The survey group also expected increases both in sales growth and business demand; however, 60 percent of large tech companies surveyed (defined by $1 billion+ in annual revenue) anticipated flat or decreasing employment numbers over the next 6-12 months. Executives expressed concern over the expiration of the Bush-era tax cuts, and its pending debate and vote on Capital Hill. More than half of the surveyed executives believe that the removal of the tax cuts would result in decreasing investments in young tech companies and venture capital funds.
To download the full survey and results, visit: http://www.dlapiper.com/files/upload/DLA_Piper_Tech_Survey_Report_2010.pdf.
