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‘Merging Together’: The Semiconductor and Liquid Crystal Display Industries

In: National Systems of Innovation

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  • Stuart Peters

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.

Suggested Citation

  • Stuart Peters, 2006. "‘Merging Together’: The Semiconductor and Liquid Crystal Display Industries," Palgrave Macmillan Books, in: National Systems of Innovation, chapter 1, pages 1-14, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-51260-3_1
    DOI: 10.1057/9780230512603_1
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