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GeoTech Wars
Achieving Technology Leadership with CHIPS Office Chief Economist Dan Kim
Nov 28, 2023
Dan Kim, Chief Economist and Director of Strategic Planning at the CHIPS Program Office, dives into the U.S. semiconductor industry's current landscape. He elucidates the pivotal role of the CHIPS Act for innovation and public-private partnerships in bolstering manufacturing. The talk reveals the challenges in maintaining technology leadership, the importance of attracting private capital, and the need for a skilled workforce. Kim also hints at the potential for further legislation to enhance growth, highlighting the industry's critical importance for national security.
31:19
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Quick takeaways
- The U.S. must develop domestic capabilities in semiconductor design and production to regain its competitive edge globally.
- Private sector investments in R&D are crucial for innovation in semiconductors, necessitating strong public-private partnerships to enhance the ecosystem.
Deep dives
The Significance of Technology Leadership
Technology leadership is essential for the United States in today's competitive global landscape. This leadership is especially crucial in the semiconductor industry, where the U.S. excelled in design and innovation but has fallen behind in manufacturing know-how. To regain its competitive edge, the U.S. must focus on developing domestic capabilities in both the design and production of semiconductors. A comprehensive approach that includes public-private partnerships and investments in research and development is vital for enhancing national security and economic welfare.
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