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The Positive Sum Strategy Harnessing Technology for Economic Growth (1986) / Chapter Skim
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Entrepeneurship and Innovation: The Electronics Industry
Pages 423-428

The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
Select key terms on the right to highlight them within pages of the chapter.


From page 423...
... First, it talces sources of ideas and people, particularly technical people. Second, z' requires a rapidly changing technology, preferably with many varied applications.
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From page 424...
... Successful new enterprises, especially Hose started by people considered less capable or less deserving of success Han He people with a new idea, accelerate He process. When people see Heir peers setting up successful companies (and success in this business is generally measured by economic success, since we do not have the usual ways of measuring success typical in He academic community)
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From page 425...
... There is too much venture capital chasing too few different opporcuniiies. The slogan of the venture capitalists appears to be, "Anything worm doing is worm doing in excess." An article in Time magazine last year said that there were some 180 different personal computers available for the consumer to choose among, although the number reported elsewhere is closer to 300.
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From page 426...
... My last point is about a special problem in Me semiconductor industry, where patent protection has not been an important factor, for several reasons. First, the very rapid rate of technological change and second, Me very complex, serial nature of Me processing involved result in the patents being very widely dispersed.
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From page 427...
... Second, it requires a rapidly changing technology, preferably with many varied applications. Third, it requires large and diverse markets to provide many opportunities for market niches to be developed by We companies getting started.
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Key Terms

  • electronics industry
  • semiconductor industry
  • risk capital
  • worm doing
  • semiconductor technology

  • silicon transistor
  • particularly technical
  • changing technology
  • tax law
  • varied applications

  • silicon valley
  • getting started
  • trade deficit
  • technical people
  • computers available

  • tax provision
  • deficit win
  • peers setting
  • successful examples
  • hose started

  • business based
  • scholarly study
  • trade crossed
  • opposite direction
  • society mat

  • personal observation
  • capitalists appears
  • training required
  • patent position
  • economic success


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