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ments on ships, underwater vehicles, and other marine plat- forms to allow for continued remote operation with minimal maintenance, repair or human supervision.Market consolidation: An additional trend is the grow- ing consolidation of the marketplace. In an effort to provide a wide range of products for many different end-markets, some large Þ rms are buying smaller Þ rms. Acquiring smaller, more specialized Þ rms enables technological acquisition and helps Þ rms to attain scales of economy in research and de- velopment, marketing, and end-market coverage. This trend will likely continue in the future, especially as a way for large Þ rms to acquire innovative technology. One example in the industry is Teledyne Technologies (pro- Þ led in the September issue of Marine Technology Reporter ). Since 2005, it has acquired 26 Þ rms: in 2005, Cougar Com- ponents, RD Instruments, Benthos; in 2006 Rockwell Sci-entiÞ c, Ocean Design, CollaborX; in 2007, D.G. OÕBrien, Tindall Technologies, Judson Technologies; in 2008, Impulse Enterprise, TSS International, Judson Technologies, Webb Research, Filtronic Plc (defense electronics), Cormon, Odom Hydrographic Systems, Demo Systems; in 2010, Optimum Optical Systems, Intelek plc, Hafmynd (GaviaÕs AUV maker), DALSA Corporation, and Nova Sensors. In 2012, Le Croy, PDM Neptec, Blueview Technologies, and VariSystems were acquired by Teledyne Technologies. Joonkoo Lee, Hanyang University, South Korea Joonkoo Lee is Assistant Professor of Business at Hanyang University in Seoul, South Korea. He was a postdoc- toral research scholar in 2011-2012 at the Duke University Center on Global- ization, Governance & Competitiveness (CGGC). He is a co-author of the Nova Scotia Ocean Technology report from which excerpts were taken for this arti- cle. He received his Ph.D. in Sociology at Duke University in 2011. Lee can be reached at: Email: [email protected] Mary Turnipseed, University of California - Santa Barbara Mary Turnipseed is currently the Arctic Fellow in the Gordon and Betty Moore FoundationÕs Marine Conservation Ini- tiative. Before joining the Foundation, Mary was a postdoctoral researcher at the National Center for Ecological Analysis and Synthesis (UC-Santa Bar- bara) where she studied the global sea-food market. Mary received her Ph.D. in Ecology from Duke University in 2011. Turnipseed can be reached at Email: [email protected] Lukas Brun, Duke University Lukas Brun is a senior research ana-lyst at the Duke University Center on Globalization, Governance & Competi- tiveness (CGGC), and co-author of the Nova Scotia Ocean Technology report from which excerpts were taken for this article. He has more than 10 years of experience in economic analysis and economic development-related contract research. Brun can be reached at Email: [email protected] the authors Monitoring & Sensors The authors would like to acknowledge Hoa Nguyen, Oxfam International - Vietnam, who provided research assistance for the report chapter underlying this article while attending Duke University?s Sanford School of Public Policy. The full report is available free of charge at http://www.cggc.duke.edu/pdfs/2012-03 05_Nova%20Scotia%20OTReport.pdf November/December 201240 MTRMTR #9 (34-49).indd 40MTR #9 (34-49).indd 4011/29/2012 11:30:50 AM11/29/2012 11:30:50 AM