Beyond Borders: How the Global Semiconductor Value Chain Spurs Innovation and Growth

Value chains stitch together the global economy, producing myriad benefits along the way for companies, industries, and nations. Few industries illustrate this as vividly as the semiconductor business, which has evolved from a vertically integrated model into a highly specialized, globally dispersed manufacturing supply chain that spurs innovation by producing ever-more powerful computer chips at steadily lower cost.

Yet this value-chain model is under threat, most notably from China, which is ignoring the opportunity to succeed through comparative advantage in specialty areas and is instead developing its own closed-loop production model to shut out foreign competition.

Please join ITIF for discussion of a new Nathan Associates report, The Semiconductor Global Value Chain: Generating Economic Benefits and Spurring Innovation, which outlines the benefits of participating in the global supply chain and the costs of going it alone—for nations and the world.