References
- AlixPartners. 2021. “Shortages Related to Semiconductors to Cost the Auto Industry $210 Billion in Revenues This Year”, Says New Alix Partners Forecast. Press release, September 12, 2021. https://www.alixpartners.com/media-center/press-releases/press-release-shortages-related-to-semiconductors-to-cost-the-auto-industry-210-billion-in-revenues-this-year-says-new-alixpartners-forecast/.
- Anderson, E. G., and G. G. Parker. 2002. “The Effect of Learning on the Make/Buy Decision.” Production and Operations Management 11 (3): 313–339.
- Appleyard, M. M. 1996. “How Does Knowledge Flow? Interfirm Patterns in the Semiconductor Industry.” Strategic Management Journal 17 (S2): 137–154. https://doi.org/10.1002/smj.4250171112.
- Asmat, D. 2021. “Collusion Along the Learning Curve: Theory and Evidence from the Semiconductor Industry.” The Journal of Industrial Economics 69 (1): 83–108. https://doi.org/10.1111/joie.12235.
- Aubry, M., and P. Renou-Maissant. 2014. “Semiconductor Industry Cycles: Explanatory Factors and Forecasting.” Economic Modelling 39: 221–231. https://doi.org/10.1016/j.econmod.2014.02.039.
- Barbieri, P., E. Stefano, L. Fratocchi, and R. Golini. 2019. “Relocation of Second Degree: Moving Towards a New Place or Returning Home?” Journal of Purchasing and Supply Management 25 (3): 100525. https://doi.org/10.1016/j.pursup.2018.12.003.
- Biwer, S., and E. Arikan. 2018. “Capacity Planning Challenges in a Global Production Network with an Example from the Semiconductor Industry.” M. Rabe, A.A. Juan, N. Mustafee, A. Skoogh, S. Jain, and B. Johansson (eds.). Proceedings of the 2018 Winter Simulation Conference. 3386–3396.
- Bown, Ch.P. 2020. “How the United States Marched the Semiconductor Industry Into its Trade War with China.” East Asian Economic Review 24 (4): 349–388. https://doi.org/10.11644/KIEP.EAER.2020.24.4.384.
- Brown, C., and G. Linden. 2005. “Offshoring in the Semiconductor Industry: A Historical Perspective.” Brookings Trade Forum, Offshoring White-Collar Work (2005). 279–333. https://www.jstor.org/stable/25058769#metadata_info_tab_contents.
- Chang, B.-G., and K.-S. Wu. 2021. “The Nonlinear Relationship Between Financial Flexibility and Enterprise Risk-taking During the COVID-19 Pandemic in Taiwan’s Semiconductor Industry.” Oeconomia Copernicana 12 (2): 307–333. https://doi.org/10.24136/oc.2021.011.
- Chiang, A. C. 2000. Elements of Dynamic Optimization. Illinois: Waveland Press Inc.
- Chiang, D., R.-S. Guo, A. Chen, M.-T. Cheng, and Ch-B. Chen. 2007. “Optimal Supply Chain Configurations in Semiconductor Manufacturing.” International Journal of Production Research 45 (3): 631–651. https://doi.org/10.1080/00207540600792499.
- Chien, Ch-F, and R.-T. Kuo. 2013. “Beyond Make-or-Buy: Cross-company Short-Term Capacity Backup in Semiconductor Industry Ecosystem.” Flexible Services and Manufacturing Journal 25 (3): 310–342. https://doi.org/10.1007/s10696-011-9113-4.
- Culpan, T. 2022. “A New Normal is Dividing the Global Chip Industry.” The Economic Times, August 17, 2022. https://economictimes.indiatimes.com/small-biz/trade/exports/insights/a-new-normal-is-dividing-the-global-chip-industry/articleshow/93606836.cms?from=mdr.
- de Laubier, Ch. 2022. “Why the Global Chip Market is Seizing Up Despite Massive Investments.” Le Monde, September 28, 2022. https://www.lemonde.fr/en/economy/article/2022/09/28/why-the-global-chip-market-is-seizing-up-despite-massive-investments_5998492_19.html.
- Deng, S., X. Guan, and J. Xu. 2021. “The Coopetition Effect of Learning-by-Doing in Outsourcing.” International Journal of Production Research 59 (2): 516–541. https://doi.org/10.1080/00207543.2019.1696493.
- Dick, A. R. 1991. “Learning by Doing and Dumping in the Semiconductor Industry.” Journal of Law and Economics 34 (4): 131–159.
- Di Mauro, C., L. Fratocchi, G. Orzes, and M. Sartor. 2018. “Offshoring and Backshoring: A Multiple Case Study Analysis.” Journal of Purchasing and Supply Management 24 (2): 108–134. https://doi.org/10.1016/j.pursup.2017.07.003.
- Dobberstein, L. 2022. “TSMC Reports Record Profits as Customers Hoard Chips.” The Register, July 15, 2022. https://www.theregister.com/2022/07/15/tsmc_record_profits/.
- EC. 2021. 2021 State of the Union Address by President von der Leyen. Strasbourg, September 15, 2021. https://ec.europa.eu/commission/presscorner/detail/ov/SPEECH_21_4701.
- EC. 2022. “European Chips Act.” https://ec.europa.eu/info/strategy/priorities-2019-2024/europe-fit-digital-age/european-chips-act_en.
- Fitch, A. 2020. “Intel’s Success Came With Making Its Own Chips. Until Now.” Wall Street Journal, Nov 6 2020. https://www.wsj.com/articles/intel-chips-cpu-factory-outsourcing-semiconductor-manufacturing-11604605618.
- Funk, J. L., and J. Luo. 2015. “Open Standards, Vertical Disintegration and Entrepreneurial Opportunities: How Vertically-Specialized Firms Entered the U.S. Semiconductor Industry.” Technovation 45–46: 52–62. https://doi.org/10.1016/j.technovation.2015.07.001.
- Gallagher, D. 2022. Intel Pays Up for Foundry Expertise. The Wall Street Journal, February 15, 2022. https://www.wsj.com/articles/intel-pays-up-for-foundry-expertise-11644954114?mod=article_inline.
- Gilbert, S., Y. Xia, and G. Yu. 2006. “Strategic Outsourcing for Competing OEMs That Face Cost Reduction Opportunities.” IIE Transactions 38 (11): 903–915. https://doi.org/10.1080/07408170600854644.
- Gray, J. V., K. Skowronski, G. Esenduran, and M. J. Rungtusanatham. 2013. “The Reshoring Phenomenon: What Supply Chain Academics Ought to Know and Should do.” Journal of Purchasing and Supply Management 49 (2): 27–33.
- Gray, J. V., B. Tomlin, and A. V. Roth. 2009. “Outsourcing to a Powerful Contract Manufacturer: The Effect of Learning-by-Doing.” Production and Operations Management 18 (5): 487–505. https://doi.org/10.1111/j.1937-5956.2009.01024.x.
- Grimes, S., and D. Du. 2022. “China’s Emerging Role in the Global Semiconductor Value Chain.” Telecommunications Policy 46 (2). https://doi.org/10.1016/j.telpol.2020.101959.
- Gurtu, A., C. Searcy, and M. Y. Jaber. 2016. “Effects of Offshore Outsourcing on a Nation.” Sustainable Production and Consumption 7: 94–105. https://doi.org/10.1016/j.spc.2016.06.001.
- Hatch, N. W., and D. C. Mowery. 1998. “Process Innovation and Learning by Doing in Semiconductor Manufacturing.” Management Science 44 (11-part-1): 1461–1477. https://doi.org/10.1287/mnsc.44.11.1461.
- IC Insight. 2016. “Samsung, TSMC Remain Tops in Available Wafer Fab Capacity.” Research Bulletin, January 6, 2016. https://www.icinsights.com/news/bulletins/Samsung-TSMC-Remain-Tops-In-Available-Wafer-Fab-Capacity/.
- IC Insight. 2021. “Taiwan Maintains Edge as Largest Base for IC Wafer Capacity.” Research Bulletin. July 13, 2021. https://www.icinsights.com/news/bulletins/Taiwan-Maintains-Edge-As-Largest-Base-For-IC-Wafer-Capacity/.
- Irwin, D. A., and P. J. Klenow. 1994. “Learning-by-Doing Spillovers in the Semiconductor Industry.” Journal of Political Economy 102: 1200–1227.
- Jaber, M. Y. 2006. “Learning and Forgetting Models and Their Applications.” In Handbook of Industrial and Systems Engineering, edited by A. B. Badiru. Boca Raton: Taylor and Francis, 708.
- Jarmin, R. 1994. “Learning by Doing and Competition in the Early Rayon Industry.” The RAND Journal of Economics 25: 441–454. https://doi.org/10.2307/2555771.
- Kamalahmadi, M., M. Shekarian, and M. M. Parast. 2022. “The Impact of Flexibility and Redundancy on Improving Supply Chain Resilience to Disruptions.” International Journal of Production Research 60 (6): 1992–2020. https://doi.org/10.1080/00207543.2021.1883759.
- Khan, M. S., and A. Mann. 2020. “AI Chips: What They Are and Why They Matter.” Center for Security and Emerging Technology, April 2020. 72p. https://cset.georgetown.edu/publication/ai-chips-what-they-are-and-why-they-matter/.
- Kinkel, S., and S. Maloca. 2009. “Drivers and Antecedents of Manufacturing Offshoring and Backshoring – A German Perspective.” Journal of Purchasing & Supply Management 15 (3): 154–165. https://doi.org/10.1016/j.pursup.2009.05.007.
- Knometa Research. 2022. “Top Five Leaders Continue Expanding Share of Global IC Fab Capacity.” https://www.knometa.com/news/?post=top-five-leaders-continue-expanding-share-of-global-ic-fab-capacity&tag=global-wafer-capacity.
- Liao, Sh-H, and T-Ch. Hu. 2007. “Knowledge Transfer and Competitive Advantage on Environmental Uncertainty: An Empirical Study of the Taiwan Semiconductor Industry.” Technovation 27 (6–7): 402–411. https://doi.org/10.1016/j.technovation.2007.02.005.
- Longauer, D., Zs Hauck, and T. Vasvári. 2023. “Make-or-Buy Strategies in a Multi-Stage Manufacturing Process and the Role of Learning Effect in Relocation Decisions.” Computers & Industrial Engineering, 109259. https://doi.org/10.1016/j.cie.2023.109259.
- Manda, A. B., and R. Uzsoy. 2021. “Managing Product Transitions with Learning and Congestion Effects.” International Journal of Production Economics 239: 108190. https://doi.org/10.1016/j.ijpe.2021.108190.
- Mathews, J. A. 1997. “A Silicon Valley of the East: Creating Taiwan’s Semiconductor Industry.” California Management Review 39 (4): 25–55. https://doi.org/10.2307/41165909.
- Mazzola, E., M. Bruccoleri, and G. Perrone. 2019. “The Curvilinear Effect of Manufacturing Outsourcing and Captive-Offshoring on Firms’ Innovation: The Role of Temporal Endurance.” International Journal of Production Economics 211: 197–210. https://doi.org/10.1016/j.ijpe.2019.02.010.
- Mönch, L., R. Uzsoy, and J. W. Fowler. 2018a. “A Survey of Semiconductor Supply Chain Models Part I: Semiconductor Supply Chains, Strategic Network Design, and Supply Chain Simulation.” International Journal of Production Research 56 (13): 4524–4545. https://doi.org/10.1080/00207543.2017.1401233.
- Mönch, L., R. Uzsoy, and J. W. Fowler. 2018b. “A Survey of Semiconductor Supply Chain Models Part III: Master Planning, Production Planning, and Demand Fulfilment.” International Journal of Production Research 56 (13): 4565–4584. https://doi.org/10.1080/00207543.2017.1401234.
- Moretto, A., A. Patrucco, and C. Harland. 2020. “The Dynamics of Reshoring Decisions and the Role of Purchasing.” International Journal of Production Research 58 (19): 5929–5944. https://doi.org/10.1080/00207543.2019.1661534.
- Paier, M. F., M. Dünser, and A. Unger. 2017. “Regional Knowledge Creation in a Global Industry: An Empirical Agent-Based Model of the Austrian Semiconductor Industry” (September 8, 2017). http://doi.org/10.2139/ssrn.3039326.
- Patterson, A. 2022. “TSMC’s Culture Clash at Arizona Fab.” EE Times, March 1, 2022. https://www.eetimes.com/tsmcs-arizona-culture-clash/.
- Peng, I. 2022. “Wait Times for Chip Deliveries Grow Again as Shortages Persist.” Bloomberg, March 11, 2022. https://www.bloomberg.com/news/articles/2022-03-11/wait-times-for-chip-deliveries-grow-again-as-shortages-persist.
- Pisano, G. P., and W. C. Shih. 2009. “Restoring American Competitiveness.” Harvard Business Review 87: 114–125.
- Pisano, G. P., and W. C. Shih. 2012. “Does America Really Need Manufacturing?” Harvard Business Review 90 (3): 94–102.
- Ramani, V., D. Ghosh, and M. S. Sodhi. 2022. “Understanding Systemic Disruption from the Covid-19-induced Semiconductor Shortage for the Auto Industry.” Omega 113. https://doi.org/10.1016/j.omega.2022.102720.
- Reuters. 2022. “Taiwan’s TSMC Progressing Well with Arizona Chip Plant”, Governor Says. Reuters August 31, 2022. https://www.reuters.com/technology/tsmc-making-excellent-progress-with-arizona-chip-plant-state-governor-says-2022-08-31/.
- Rowsell, J. 2022. “How Much Has the Semiconductor Shortage Cost?” Supply Management, May 5, 2022. https://www.cips.org/supply-management/news/2022/may/how-much-has-the-semiconductor-shortage-cost/.
- Scheper, F. 2022. “A Revitalized Semiconductor Industry Will Power Europe’s Digital Future.” World Economic Forum. Sep 2, 2022. https://www.weforum.org/agenda/2022/09/a-revitalized-semiconductor-industry-will-drive-europes-digital-future/.
- Scott, A. J., and D. P. Angel. 1987. “The US Semiconductor Industry: A Locational Analysis.” Environment and Planning 19 (7): 875–912. https://doi.org/10.1068/a190875.
- Sevilla, G. 2022. “TSMC Planning Another Price Increase.” Insider Intelligence, May 13, 2022. https://www.insiderintelligence.com/content/tsmc-planning-another-price-increase.
- Sheffi, Y. 2020. “The New (Ab)Normal: Reshaping Business and Supply Chain Strategy beyond Covid-19.” Transoft Inc. 314.
- Shekarian, M., and M. M. Parast. 2021. “An Integrative Approach to Supply Chain Disruption Risk and Resilience Management: A Literature Review.” International Journal of Logistics Research and Applications 24 (5): 427–455. https://doi.org/10.1080/13675567.2020.1763935.
- Shin, N., K. L. Kraemer, and J. Dedrick. 2016. “R&D and Firm Performance in the Semiconductor Industry.” Industry and Innovation 24 (3): 280–297. https://doi.org/10.1080/13662716.2016.1224708.
- SIA. 2021. “State of the U.S. Semiconductor Industry.” https://www.semiconductors.org/state-of-the-u-s-semiconductor-industry/.
- SIA. 2022. “Global Semiconductor Incentives February, 2022.” https://www.semiconductors.org/wp-content/uploads/2022/02/Global-Semiconductor-Incentives_2-4-2022.pdf.
- Srai, J. S., and C. Ané. 2016. “Institutional and Strategic Operations Perspectives on Manufacturing Reshoring.” International Journal of Production Research 54 (23): 7193–7211. https://doi.org/10.1080/00207543.2016.1193247.
- Terwiesch, Ch, and R. E. Bohn. 2001. “Learning and Process Improvement During Production Ramp-up.” International Journal of Production Economics 70 (1): 1–19. https://doi.org/10.1016/S0925-5273(00)00045-1.
- Thorbecke, W. 2021. “The Semiconductor Industry in the Age of Trade Wars, COVID-19, and Strategic Rivalries.” In Sanjay Kathuria (eds): Age of Ferment: Developments in Asian–European Trade Relations is published by the Konrad-Adenauer-Stiftung’s Regional Economic Programme Asia (SOPAS) 222p.
- Ting-Fang, Ch, and L. Li. 2022. “Chip Giant TSMC Plans Further Price Rises Amid Inflation Concerns.” Financial Times, May 17, 2022. https://www.ft.com/content/a5b1b807-1975-4bcb-be82-b894f56be40c.
- Usvyatsky, O., and J. Pakaluk. 2016. “What Depreciation at Intel Says about Moore’s Law. Audit Analytics, April 4, 2016. https://blog.auditanalytics.com/what-depreciation-at-intel-says-about-moores-law/.
- Uzsoy, R., J. W. Fowler, and L. Mönch. 2018. “A Survey of Semiconductor Supply Chain Models Part II: Demand Planning, Inventory Management, and Capacity Planning.” International Journal of Production Research 56 (13): 4546–4564. https://doi.org/10.1080/00207543.2018.1424363.
- Varas, A., R. Varadarajan, J. Godrich, and F. Yinug. 2020. Government Incentives and US Competitiveness in Semiconductor Manufacturing. BCG x SIA report. September 2020. https://www.semiconductors.org/wp-content/uploads/2020/09/SIA-Summary-of-Government-Incentives-and-US-Competitiveness-in-Semiconductor-Manufacturing-Report.pdf.
- Varas, A., R. Varadarajan, J. Godrich, and F. Yinug. 2021. “Strengthening the Global Semiconductor Supply Chain in an Uncertain Era.” BCG x SIA report. April 2021. https://www.semiconductors.org/strengthening-the-global-semiconductor-supply-chain-in-an-uncertain-era/.
- Vörös, J. 2013. “Multi-period Models for Analyzing the Dynamics of Process Improvement Activities.” European Journal of Operational Research 230 (3): 615–623. https://doi.org/10.1016/j.ejor.2013.04.036.
- Vörös, J. 2019. “An Analysis of the Dynamic Price-Quality Relationship.” European Journal of Operational Research 277: 1037–1045. https://doi.org/10.1016/j.ejor.2019.03.032.
- Vörös, J. 2021. “Production Dynamics in Case of Organizational Learning.” Computers & Industrial Engineering 157: 107340. https://doi.org/10.1016/j.cie.2021.107340.
- Walsh, D. 2022. “How Auto Companies are Adapting to the Global Chip Shortage.” MIT Sloan Jan 21, 2022. https://mitsloan.mit.edu/ideas-made-to-matter/how-auto-companies-are-adapting-to-global-chip-shortage.
- The White House. 2022. “Fact Sheet: CHIPS and Science Act Will Lower Costs, Create Jobs, Strengthen Supply Chains, and Counter China.” August 09, 2022. https://www.whitehouse.gov/briefing-room/statements-releases/2022/08/09/fact-sheet-chips-and-science-act-will-lower-costs-create-jobs-strengthen-supply-chains-and-counter-china/.
- Wu, J.-Z., and Ch-F. Chien. 2008. “Modeling Strategic Semiconductor Assembly Outsourcing Decisions Based on Empirical Settings.” OR Spectrum 30 (3): 401–430. https://doi.org/10.1007/s00291-007-0120-5.
- Xiao, W., and C. Gaimon. 2013. “The Effect of Learning and Integration Investment on Manufacturing Outsourcing Decisions: A Game Theoretic Approach.” Production and Operations Management 22 (6): 1576–1592. https://doi.org/10.1111/poms.12042.
- Xu, X. S., L. Q. Lu, G. Q. Huang, and T. Zhang. 2013. “Scope Economies, Market Information, and Make-or-Buy Decision Under Asymmetric Information.” International Journal of Production Economics 145 (1): 339–348. https://doi.org/10.1016/j.ijpe.2013.05.002.
- Yeung, A., K. Lai, and R. Yee. 2007. “Organizational Learning, Innovativeness, and Organizational Performance: A Qualitative Investigation.” International Journal of Production Research 45 (11): 2459–2477. https://doi.org/10.1080/00207540601020460.