The Design of High-Technology Consortia: Lessons from SEMATECH

Since its establishment in 1987, SEMATECH (the Semiconductor Manufacturing Technology consortium) has received considerable attention from U.S. policymakers and managers. The consortium has been endorsed by the Clinton Administration as a model of government-industry cooperation in supporting research in “critical technologies”.1 Other industry-led consortia have been proposed or established in areas ranging from electric automobiles (the Advanced Battery Consortium) to high-definition displays and other semiconductor industry products (the proposed multi-chip module foundry consortium) to aircraft development and production (the proposed Aerotech consortium). Contrary to the predictions of Cohen and Noll (1992), SEMATECH has been followed by a number of other U.S. technology development consortia funded from public and private sources.2

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