Reprint of a National Research Council Report, 1992.

This book reviews the evolution of strategic alliances involving U.S. and Japanese companies in the semiconductor industry and analyzes whether alliances can contribute to the renewal of an industry faced with stiff competition from Japan. It includes case studies, alternative future scenarios, and suggestions for government and industry.

Reprint from Japan's High Technology Industries, edited by Hugh Patrick (University of Washington Press, 1986).