U S Semiconductor Manufacturing

Herman and George R. Brown, formidable figures in the construction industry and Texas politics, made a unique business team. Practical and decisive Herman and university-trained, soft-spoken George, a natural salesperson, combined their individual strengths, strong work ethic, and ambition to develop Brown & Root, one of America's preeminent construction companies. Builders serves both as a history of their lives and as an examination of business life in mid-twentieth-century America. In addition to examining the brothers' business accomplishments, Pratt and Castaneda address the political influence and antiunionism associated with the Brown name and present a balanced account of both the Browns' treatment of workers and of their longtime relationship with Lyndon Baines Johnson. Builders also traces the Browns' philanthropy, including the work of the Brown Foundation, through which George in particular contributed to the development of educational and cultural institutions.

During the 1970s, Japan supplanted the United States as the world leader in steel production, automobile manufacturing, and consumer electronics. Are the Japanese poised to repeat these successes in the semiconductor industry? This question has vast potential significance, because semiconductor technology holds the key to competitiveness in high technology, one of America's last bastions of industrial supremacy. This book, the product of years of joint research by a multidisciplinary team of American and Japanese scholars, analyzes the strengths and weaknesses of each country's semiconductor industry with reference to three major areas: technological innovation; the role of government, not only in specific policies directed toward the semiconductor industry, but also in the broader context of industrial policy, government-business relations, and the two political systems; and the influence of financial institutions, ties between banks and businesses, and corporate financing. The book provides, in short, a broad yet in-depth analysis of emerging industrial competition in high technology between the world's two largest market economies.