Estimating the benefits from collaboration: The case of SEMATECH
- 314 Downloads
SEMATECH (SEmiconductor MAnufacturing TECHnology) was established in 1987 as a not-for-profit research consortium with an original mission to provide a pilot manufacturing facility where member companies could improve their semiconductor manufacturing process technology. Since its inception, SEMATECH's mission has become more general. This paper presents the findings from a quantitative case-based analysis of the returns to member companies from their investments in SEMATECH. The findings suggest that SEMATECH has provided an organizational structure in which important processes and technologies have been advanced which could not have been justified on economic grounds outside of a collaborative research arrangement.
Key wordsSEMATECH collaborative research internal rate of return
Unable to display preview. Download preview PDF.
- Beecy, Laura L., Albert N. Link, William F. Finan, and David J. Teece (1994) ‘Quantifying the Private Rates of Return to Collaborative Research: The Case of SEMATECH’, mimeo.Google Scholar
- Grindley, Peter, David C. Mowery, and Brian Silverman (1994) ‘SEMATECH and Collaborative Research: Lessons in the Design of a High-Technology Consortia’, Journal of Policy Analysis and Management, 13, 723–785.Google Scholar
- Irwin, Douglas A. and Peter J. Klenow (1994) ‘High Tech R&D Subsidies: Estimating the Effects of SEMATECH’, NBER Working Paper 4974.Google Scholar
- Leyden, Dennis P. and Albert N. Link (1992) Government's Role in Innovation, Boston, Kluwer Academic Publishers.Google Scholar
- Link, Albert N. (1996) Evaluating Public Sector Research and Development, Boston, Kluwer Academic Publishers.Google Scholar
- Tassey Gregory (1992) Technology Infrastructure and Competitive Advantage, Boston, Kluwer Academic Publishers.Google Scholar
- U.S. Government Accounting Office (GAO) (1992) ‘SEMATECH's Technological Progress and Proposed R&D Program’, Briefing Report to the Chairman, Subcommittee on Defense, Committee on Appropriations, U.S. Senate.Google Scholar