Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/237367 
Erscheinungsjahr: 
2020
Schriftenreihe/Nr.: 
ETLA Working Papers No. 82
Verlag: 
The Research Institute of the Finnish Economy (ETLA), Helsinki
Zusammenfassung: 
Global forces have shaped the world since the indus-trial and digital ages. A recent perspective on globalization acknowledges the growth of three supranational economic, social, and manufacturing blocs, namely the USA, the EU, and most recently, China. In this larger picture China contends with the US to become the largest economy in the world. Recent developments in the US-China trade conflict have centered on digital technolo-gy and have set the two countries on a path towards a technology separation. This technology separation will disrupt the unique and strategically important global value chains of digital technologies. We define digital technologies as the stack of integrated hardware and software systems that enable various end applications to emerge from computation.The technology separation will happen in the lower hardware levels of the technology stack, that is, in knowledge- and capital-intensive semiconductor technology, design and manufacturing. A separation within semi-conductor technology could have serious implications for Europe, but especially for smaller open economies such as that of Finland. The key to designing Europe's semiconductor technology strategy is understanding the history, technologies, and dynamics of the semiconductor industry as well as understanding industrial policies regarding semiconductors in the USA and China. What are the different options for Europe if the technological separation continues?
Schlagwörter: 
Semiconductors
Semiconductor industry
Digital technology
Technology stack
Sino-American technology separation
Industrial policy
JEL: 
L16
L52
L63
L86
Dokumentart: 
Working Paper

Datei(en):
Datei
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