Liberal education, in origin, is older than technical education. Hence, it is more popular than technical education. With the advancement of industrialization the people of the West came to realize importance of technical education.
We live in an age of mechanics. Technology now rules supreme in a civilized society. Man has mastered largely the forces of Nature through application of technical skill. The day is not far distant when computers and even robots will rule the field of work.
Entrepreneurs of technology-based firms usually have a science or engineering background, and are generally believed to consider the technology paramount in business success.