Economic and Financial Theories Related to IC Industry

Integrated circuits are the cornerstone of electronic information. There is a highly positive correlation between IC industrial development and the macroeconomic situation. IC is a global industry, which not only shows the cooperation of the global value chain, but also reflects the competition among regions for the leading power of industrial development. Both industrial clusters and scale effects have displayed the role strong leaders may sustain. The winner-take-all phenomena persist, while the blue ocean market and longtail effect have given start-ups a chance for survival and development. In order to promote healthy competition among enterprises in different regions and scales, this chapter also discusses the appropriate strategies of integrated circuit enterprises in financial and corporate governance.