After half a century, the revolution in computer technology continues to rapidly transform the world about us. For reasons that are fundamentally economic, the atomic building blocks on which that revolution is based are semiconductor electronic components — chips. It has been estimated that technological improvements in semiconductors accounted for 40 percent to 60 percent of the price-performance improvement in computers in the late 1990s. Those rapid declines in computer prices in turn led to much wider usage of computers and significant improvement in U.S. productivity growth during the same period. The first electronic digital computers used during World War […]
Coping with Globalization in Semiconductors
