Many countries rightly seek to maximize their value added in the global semiconductor industry. But like-minded allied nations can also advance their leadership collectively by collaborating on technology and ecosystem development, intellectual property, and trade liberalization.
Trade plays key roles in fostering innovation, both as a conduit for the diffusion of global technology and knowhow that facilitates innovation in developing nations and by giving innovative companies access to large global markets through which they can recoup their upfront investments in R&D and generate revenues to finance future generations of innovation. GTIPA-member reports here examine trade-innovation linkages.