26th International Association for Management of Technology Conference - IAMOT 2017

When global selection forces a divergence between policy co-evolution with economic development and policy co-evolution with technological innovation. A true resilient industry protects itself by strategic adaptive processes for future selection, variation, and retention. These industries are sensitive to recognize various changes and adapt to them. Therefore, the relationship between policy and industrial development is reciprocal. It is essential to see industrial development as feedback mechanisms, with policy making as a means to transform information to new interpretations and action. Strategies would be more trusting when the feedback is not based on a few industrial figures of trends, but rather on wide conversations and versatile range of information. This study aims to investigate co-evolution of global semiconductor industry and policy in order to understand how governmental policy co-evolves with industry by case study of global semiconductor industry. Whether a causal relation, interaction, circulation, co-evolution exists between global semiconductor industry and STI policy.