Made in America or making America pay?
Alternatives to industrial policy for semiconductor supply chain resilience.
Alternatives to industrial policy for semiconductor supply chain resilience.
A sociotechnical approach offers a framework for understanding the various facets and interactions of the industry.
Demand-led industrial strategies can be highly effective, but need to be carefully designed and implemented to avoid possible pitfalls.
The recovery of supply chains can be supported through trade policies and firm-specific initiatives.
Automation and reshoring mitigate risks. Industrial policies aiming to reduce dependence on global supply chains could accelerate the trend.