High Technology and International Competitiveness

Following World War II, the US manfacturing sector emerged as the dominant industrial force in the world in virtually all areas, including productivity, market share, innovations and capital investments. Though other countries have caught up with and surpassed the United States in many industries, Romesh Diwan and Chandana Chakraborty argue that America can recapture its dominant role by moving forcefully into high-technology industries. In this work, they examine competitiveness in a range of high-technology enterprises, analyzing the industries as an aggregate as well as through three specific examples: semi-conductors, telecommunications and computers.