Non-Globalization of Innovation in the Semiconductor Industry
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- Mac
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The article discusses the globalization of innovations in the semiconductor industry. The patenting activity of U.S. semiconductor firms from 1991 to 2003 shows that these firms keep their research and development (R&D) largely within the U.S., a trend similar in European, Japanese and Taiwanese semiconductor firms. The evolution of the industry in the 1990s led to increased specialization, where the share of production from integrated device manufacturers declined as firms specialized in aspects of design, marketing or manufacturing of semiconductors. So-called fabless semiconductor firms design and market semiconductor components, relying on manufacturers, called foundries, to make the products.
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