Irwin, Douglas A.; Klenow, Peter J. - National Bureau of Economic Research (NBER) - 1994
Sparked by concerns about their shrinking market share, 14 leading U.S. semiconductor producers, with the financial assistance of the U.S. government in the form of $100 million in annual subsidies, formed a joint R&D consortium -- Sematech -- in 1987. Using Compustat data on all U.S....
