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From Failure to Fortune? European Electronics in a Changing World Economy

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  • JOHN ZYSMAN
  • MICHAEL BORRUS

Abstract

European industrial policy for high technology must be reformulated. First, past support of producers over users has undermined producers by not creating a sophisticated market, the single most powerful industrial policy tool. Second, global trade and investment are regionalizing. Policies aimed at rejuvenating sectors such as electronics must consider that regionalization will make access to technology and markets increasingly asymmetrical. The concepts of supply base and architecture of supply clarify this understanding. Europe must not just refocus domestic support but also secure access to the supply bases of the other two regions, America and Asia.

Suggested Citation

  • John Zysman & Michael Borrus, 1994. "From Failure to Fortune? European Electronics in a Changing World Economy," The ANNALS of the American Academy of Political and Social Science, , vol. 531(1), pages 141-167, January.
    • Handle: RePEc:sae:anname:v:531:y:1994:i:1:p:141-167
    DOI: 10.1177/0002716294531001011
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    References listed on IDEAS

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    1. Hart, Jeffrey & Borrus, Michael, 1992. "Display's the Thing: The Real Stakes in the Conflict Over High Resolution Displays," UCAIS Berkeley Roundtable on the International Economy, Working Paper Series qt0kr5m670, UCAIS Berkeley Roundtable on the International Economy, UC Berkeley.
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