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Semiconductors: Creative destruction or US industrial decline?

Authors
Journal
Futures
0016-3287
Publisher
Elsevier
Publication Date
Volume
22
Issue
6
Identifiers
DOI: 10.1016/0016-3287(90)90128-5

Abstract

Abstract In the context of fears of US industrial decline, particularly vis-à-vis Japan, important new developments in the semiconductor industry are examined. Design innovations and advanced manufacturing technology are key factors influencing competitiveness in this industry, and the notion of decoupling is posited to explain the industrial restructuring that is occurring. After reviewing US policies in this regard, the question of US decline v future US prosperity and dynamism in this sector is addressed.

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