The new industrial economics: insights into China's semiconductor industry

Gianluca Sampaolo

Chapter 13 in A Modern Guide to Industrial Economics, 2026, pp 239-257 from Edward Elgar Publishing

Abstract: This chapter examines China's resilient push for semiconductor sovereignty amidst intense geopolitical pressure. It argues that China's experience extends beyond traditional industrial policy, exemplifying a new paradigm of techno-nationalist strategy driven by national security imperatives. Through a qualitative analysis of China's state–market dynamics, this research tackles the country's unique endogenous assets to reveal how it leverages exogenous shocks as catalysts for innovation. The findings offer a new framework for understanding industrial economics in an era of statecraft, demonstrating how China's security-driven, adaptive model is reshaping the global technology landscape.

Keywords: China; Geopolitics; Industrial Economics; Semiconductors; Technological sovereignty (search for similar items in EconPapers)
Date: 2026
ISBN: 9781035365609
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