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Liquid Crystal Displays as an Emerging Sectoral System of Innovation

In: National Systems of Innovation

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  • Stuart Peters

Abstract

The first section examines the historical background of the LCD. In Chapter 2, the notion of path dependency was explained at some length. The assertion made was that to analyse any ‘unusual outcome’ with this approach, it was imperative to find out where the path begins. For understanding the complexities of the development of the LCD industry, the path begins here. It was the pioneering work of two US firms, as stated in Chapter 1, which paved the way for the commercial exploitation of liquid crystals, and gave the US its lead in this technology. The second section focuses on why these highly innovative firms subsequently allowed LCD technology to slip through their fingers, and gave away the country’s lead to Japan.

Suggested Citation

  • Stuart Peters, 2006. "Liquid Crystal Displays as an Emerging Sectoral System of Innovation," Palgrave Macmillan Books, in: National Systems of Innovation, chapter 6, pages 129-151, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-51260-3_6
    DOI: 10.1057/9780230512603_6
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