how does semiconductor technology change us
TRANSCRIPT
Semiconductor
change ustechnology
How does
Li WeiTechnology commercialization managerExploit Technologies Pte Ltd (ETPL)Agency for Science, Technology and Research (A*STAR, Singapore)
B. Eng & Ph.d (Engineering)Nanyang Technological University Singapore
Author and presentation by
M.B.A.INSEADFontainebleau, France
Changes usSemiconductor technology
It changesAs the basic technology in every electronics product
Our life
With hundreds of thousands of high-tech jobs brought by its manufacturing industry,
It changesEconomy
The change happened in
Taiwan2014 Semiconductor
industry revenue~US$65 billion
The change happened in
Korea2014 Semiconductorindustry revenue~US$50 billion
SingaporeThe change happened in
2014 Semiconductorindustry revenue
~US$25 billion
than that
changed is
moreWhat it
Different countries have
Different
semiconductor industry
strategiesto develop
The strategies createddifferent companies and
Culture in the industry
It changed themindsetOf the engineers
What strategy did they use?
Singapore Korea Taiwan
Multinational corporation
Conglomerate(Chaebol)
Here are The key words of their strategies
Tech transfer & spin-off
Multinational corporation is the bedrock of semiconductor industry development strategy
Singapore
Singapore anchorsmultinational corporation activities and create local economic impact
Local Firm
Local Firm Local Firm Local FirmLocal Firm
Jobs
Jobs
JobsJobs
Jobs
Multinational corporation (mnc)
Government incentives
Joint R&D and funding
Highly educated talent pool
Supportive infrastructure
Singapore
In Korea
Korea uses its giant industrial conglomeratesto leap into semiconductor industry
At the right time
Chose the right product
Played with strength
Semiconductor Trade War Between Japan
and US in 1986
Capital IntensiveShort lifecycle
Continuous Price reduction
right time right product Their strength
Memory chipUS vs JP Big, real bigFinancial capacities
Production competencyDiversified business
Their competitors were weakened
A costly and risky product è high
entry barrier
they were the right player to take the
risk
In Korea
In Taiwan
Taiwanese research institute transferred the technology from us company
Technology
The spin-offs from the research institutes created Taiwan semiconductor industry
In Taiwan
These are strategies implemented more than
20 years ago
To create new jobs andopportunities, we need
entrepreneur
today
entrepreneurTo lead ventureprojects insidecorporations
To createstart-up in
the new fieldsOR
entrepreneurshipWe need engineers with
And are willing to takerisk and try new things
Can we find them fromsemiconductor industry?
Singapore
Multinational corporations have theirMost advanced technology development
in home countries
home countries
Singapore
They Locate Manufacturing orless critical projects in Singapore
home countries
I focus on and only dowhat I am paid for
Singapore
home countries
Singapore
Less sensitive to newopportunities andno much motivation fornew ventures
SingaporeSemiconductor
engineer
In KoreaThe conglomerates have theirdominating presence in everysector of semiconductor industry
My start-up has to dealwith the big guys everywhere
In Korea They have tendency to focuson recruiting engineers with innovative ideas from suppliers or rivals
The Key engineer of my start-up just joined S Company
In Korea
the recognized career in Koreais to join the ranks of bigcorporation
My girlfriend asks meto find a real job
In Korea
KoreaSemiconductor
engineer
Less space for start-ups, social pressure, risk adverse
In Taiwan
Spun-off: 1980Revenue: us$4.1 b
Spun-off: 1987Revenue: us$20 b
Spun-off: 1997Revenue: US$4.5 b
Data: Wikipedia, 2013
ITRI (industrial technologyresearch institute) is theorigin of successful storiesof Taiwanese semiconductorcompanies
ITRI
In Taiwan
196 Spin-offs from itri since 1996
196 21 IP0
10% IPO rateITRIThe
successcontinues
…
In Taiwan
The successstories
The network inthe industry
Inspiration informationResourceExperience
In Taiwan
TaiwanSemiconductor
engineer
desired for newopportunities and moreentrepreneurial
summaryThe semiconductor industry development influenced the
entrepreneur spirit of the engineers
Less motivated Risk Adverse entrepreneurial
Multinationalcorporation
Conglomerates(Chaebol)
Tech Transfer /Spin-off
[1] Gregory Curley, “South Korea‘s Startup Culture Marred By Misguided Ambitions”, Forbes, 2015[2] Ike Lee, “Singapore‘s entrepreneurship X factor”, Straits Time, 2015[3] ITRI annual report 2015[4] W. Shih, J.C. Wang, “Upgrading the Economy- Industrial Policy and Taiwan‘s Semiconductor Industry”, HarvardBusiness Review, case study, Dec 2010[5] John A. Mathews, “ A Silicon Island of the East – Creating a Semiconductor Industry in Singapore”, CaliforniaManagement Review, 1999, Vol. 41, No 2.[6] Daniel Jung, “A New Context for Technological Development”, Stanford Journal of East Asian Affairs 5(2), 49-58
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