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Conclusions

In: National Systems of Innovation

Author

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  • Stuart Peters

Abstract

In Chapter 1, it was stated that semiconductors and TFT-LCDs have been at the centre of the growth of the information age. Without the technological advances made in these (and other related) industries the information age would not have evolved at the rate it has. The dynamism displayed by these two industries raised fundamental questions about what supported and powered these two high technology industries forward. Furthermore, it was noted the two industries have some very close links. Aside from being found in many of the same products, the countries responsible for the breathtaking developments in the semiconductor industry are exactly the same ones that now dominate the TFT-LCD industry, notably East Asian firms. A closer examination revealed a paradoxical situation. The US was the first country to develop an early technological lead in semiconductors and LCDs. In semiconductors it took full advantage of this early lead. In LCDs, however, it ‘gave away’ its lead to Japan. By the early 1990s Japan had developed a monopoly in TFT-LCDs. In an effort to capture a stake in this rapidly expanding indus-try, Western Europe, the US, South Korea and Taiwan each launched their own catch-up strategies in the 1990s. Two of the principle questions that needed to be addressed were: how had this situation materialised? And why were there such wide variations in the performances between different countries in TFT-LCDs?

Suggested Citation

  • Stuart Peters, 2006. "Conclusions," Palgrave Macmillan Books, in: National Systems of Innovation, chapter 10, pages 237-243, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-51260-3_10
    DOI: 10.1057/9780230512603_10
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