Semiconductors: A Truly Global Industry

Stuart Peters

Chapter 4 in National Systems of Innovation, 2006, pp 68-107 from Palgrave Macmillan

Abstract: Abstract This chapter analyses the development and progress of the semiconductor industries of the US, Japan, and Western Europe, up to the early 2000s. The role of public policy has been widely credited with the successful development of the US and Japanese industries, and the failure to revitalise the European one. However, the long-term survival of the respective industries is ultimately decided by national firms’ ability to keep up with changes in the direction and rate of technological change, how they manage to exploit present and emerging opportunities, and their ability to withstand the frequent and wild fluctuations in supply and demand.

Keywords: Integrate Circuit; Financial Time; Semiconductor Industry; Japanese Government; Very Large Scale Integration (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_4

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DOI: 10.1057/9780230512603_4

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