Reversal of fortune? The recovery of the U.S. semiconductor industry

Article Abstract:

For most of the semiconductor industry's history, U.S. producers were undisputed leaders in market share, product introduction, and process technology advance. After losing this dominant position and enduring significant market share losses during the early 1980s, U.S. semiconductor firms and the federal government took corrective actions on several fronts. A concerted effort in improving product quality and manufacturing process yields narrowed the gaps between U.S. and foreign competitors. U.S. firms also exited from product lines in which their historic skills at product innovation provided limited competitive advantage. Federal government initiatives, ranging from trade policy to financial support for university research and R&D consortia, also played a role of uncertain magnitude in the industry's revival. The resurgence of the industry is an impressive feat, but the unexpected nature of this revival, its complex causes, and the fragility of its foundation suggest that U.S. semiconductor firms strength cannot be taken for granted. (Reprinted by permission of the publisher.)

Semiconductors and related devices, Semiconductor Devices, Semiconductor and Related Device Manufacturing, Semiconductor industry, Case studies, Industrial productivity

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Telecommunications policy in Japan: lessons for the U.S

Article Abstract:

The U.S. has a great deal to learn from Japanese telecommunications policy as well as from their policy-making and implementation process. The Japanese telecommunications policy regime, though hardly perfect, is well suited to a technologically dynamic, globally competitive industry. What Japanese policy has, and the U.S. sorely lacks, is a strategic sense of purpose and direction, a strong public consensus regarding that purpose, a coherent and consistent framework for achieving that purpose, and a consensual process for resolving conflicts and removing obstacles to that achievement. The article examines the history of the Japanese telecommunications industry and policy, and it describes the important lessons that the U.S. can learn from Japan's experience. (Reprinted by permission of the publisher.)

United States, Japan, Telecommunications services industry, Telecommunications industry, Science and technology policy

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