The debate over offshoring of production, transfer of technological capabilities, and potential loss of U.S. competitiveness is a long-running one. Prevailing thinking is that 'the world is flat' - that is, innovative capacity is spreading uniformly; as new centers of manufacturing emerge, research and development and new product development follow. "Innovation in Global Industries" challenges this thinking. The book, a collection of individually authored studies, examines in detail structural changes in the innovation process in 10 service, as well as manufacturing industries: personal computers; semiconductors; flat-panel displays; software; lighting; biotechnology; pharmaceuticals; financial services; logistics; and venture capital. There is no doubt that overall there has been an acceleration in global sourcing of innovation and an emergence of new locations of research capacity and advanced technical skills, but the patterns are highly variable.Many industries and some firms in nearly all industries retain leading-edge capacity in the United States. However, the book concludes that is no reason for complacency about the future outlook. Innovation deserves more emphasis in firm performance measures and more sustained support in public policy. "Innovation in Global Industries" will be of special interest to business people and government policy makers as well as professors, students, and other researchers of economics, management, international affairs, and political science.
Introduction by Jeffrey T. Macher and David C. Mowery 1
1 Personal Computing by Jason Dedrick and Kenneth L. Kraemer 19
2 Software by Ashish Arora and Chris Forman and JiWoong Yoon 53
3 Semiconductors by Jeffrey T. Macher and David C. Mowery and Alberto Di Minin 101
4 Flat Panel Displays by Jeffrey A. Hart 141
5 Lighting by Susan W. Sanderson and Kenneth L. Simons and Judith L. Walls and Yin-Yi Lai 163
6 Pharmaceuticals by Jain M. Cockburn 207
7 Biotechnology by Raine Hermans and Alicia Loffler and Scott Stern 231
8 Logistics by Anuradha Nagarajan and Chelsea C. White III 273
9 Venture Capital by Martin Kenney and Martin Haemmig and W. Richard Goe 313
10 Financial Services by Ravi Aron
