The largest manufacturer of semiconductors is not Motorola or Texas Instruments--it's a company called NEC Corporation, and it's Japanese. In fact, three of the five largest semiconductor makers are Japanese--and they're in the race for the next generation of ultra-large scale integrated (ULSI) circuit markets. This book describes the processes by which original technologies were developed and put to use the Japanese consumer electronics industry in terms understandable by business executives, government officials, economists, and the general reader. The phenomenal success of Japanese industry in the art of the management of innovation has made it necessary for industrial policymakers and corporate strategists in the electronic sector throughout the world to reassess their methods and manners to take into account the Japanese approach to innovation. A new round of protectionism in the United States might induce the production of computers and other advanced electronic equipment to follow the pattern of consumer electronics, moving to offshore locations where the supply of lower-cost components can be assured. This prospect makes it all the more important that the factors shaping the continuing Japanese electronics revolution be understood.
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