Must the semi-conductor industry be subsidised?

According to the memorandum entitled “Microelectronics 2000”, the Japanese and American lead in semi-conductor technology threatens not only the existence of a number of European firms but the prosperity of all the European economies. It therefore concludes that if Europe is not to be at the mercy of giant Japanese and US concerns the state must ensure the development of these key technologies by paying substantial subsidies. How valid is this argument?

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Year of publication:	1988
Authors:	Starbatty, Joachim ; Vetterlein, Uwe
Published in:	Intereconomics. - Hamburg : Verlag Weltarchiv, ISSN 0020-5346. - Vol. 23.1988, 3, p. 109-115
Publisher:	Hamburg : Verlag Weltarchiv
Subject:	Technology Policy

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.1007/BF02925148 [DOI] 870661566 [GVK] hdl:10419/140128 [Handle] RePEc:spr:intere:v:23:y:1988:i:3:p:109-115 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10011470323