Singapore, Dec. 8 -- Investors love technology and associate it with names such as Google, Apple and Netflix. It is considered a high-risk, high-return sector that financial advisers often recommend allocation to.

Unfortunately, the investment world doesn't understand that technology is not science. The latter is about applying the basic laws of physics, chemistry and biology to achieve some desired functionality. It lies behind technology. For example, light optics makes broadband Internet possible. Behind jet engines is thermodynamics.

Humans use nearly all the 94 elements on the periodic table that occur naturally on earth. The potential combinations of these elements are endless. The American Chemical Society records 154 million dif...