Economic Security and High Technology Competition in an Age of Transition: The Case of the Semiconductor Industry

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This study was motivated by an awareness of the ever-growing importance of technology on productivity and power in the information age. It examines the relationship among national security, economic competition, and technology. An underlying premise is that in an era of diminished military confrontation, economic and technological power are acquiring enhanced importance in national security considerations. Green believes that this is bound to promote closer coordination between government and private industry, but not without tensions. Using both a public policy and an economic focus, his work seeks to clarify the debate on high technology industrial policy and to address the policy question of whether and how government should respond to competitive assaults in strategic industries.

Author Bio

ERIC MARSHALL GREEN is an economist with the Federal Reserve Bank of New York and has worked at the U.S. Department of Treasury. He holds degrees from Holy Cross College, the University of London, and the Fletcher School at Tufts University.