This revised and updated edition is offered as a basic contribution to that vital discussion by authors who have long studied the process of technological change and who are familiar with the peculiarities of the semiconductor industry. Although it dealt with a highly technical subject, the first edition proved readily intelligible to a wide audience. The second edition is designed for that same group - those who seek an understanding of the processes at the heart of technological change.

An innovation based on science --Genesis -- Science after the Second World War -- The Bell Laboratories -- The transistor -- A new industry -- The pace of progress -- The integrated circuit -- Very large scale integration -- The American semiconductor industry -- The international semiconductor industry -- Reflections on an electronic age.