‘Merging Together’: The Semiconductor and Liquid Crystal Display Industries
Stuart Peters
Chapter 1 in National Systems of Innovation, 2006, pp 1-14 from Palgrave Macmillan
Abstract:
Abstract The explosion of the ‘information age’ in the 1990s has transformed many consumer markets and areas of the business environment way beyond anything which would have been considered remotely possible in the previous decade. It requires no further elaboration here to emphasise how far-reaching this technological revolution has been. From its very humble origins in the 1970s with simple computer generated credit-card statements and household bills, the diffusion of automated teller machines (ATMs) (Davis & McCormack, 1979),1 to the widespread adoption of the facsimile (FAX) machine in the 1980s, the information age has undergone a period of phenomenal growth and change. It has been driven by four main factors; the emergence of the World Wide Web, the spread of high-speed Internet access, the rapid progress in personal computing technology, and the development of the digital infrastructure.2 These major developments have had a profound effect in a number of different ways. Huge amounts of data blending text, sound and images can now be transmitted at lightning speed and efficiency and once distinct industry boundaries have become blurred.
Keywords: National System; Technological Capability; Semiconductor Industry; Household Bill; Humble Origin (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-51260-3_1
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DOI: 10.1057/9780230512603_1
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