Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)

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Export Controls, Innovation, and The Development of The Semiconductor Industry

Authors
Wei Chen1, Yanlin Sun2, *
1Graduate student of the School of Economics, Wuhan University of Technology, Wuhan, China
2Associate Professor of the School of Economics, Wuhan University of Technology, Wuhan, China
*Corresponding author. Email: jocesunyl@126.com
Corresponding Author
Yanlin Sun
Available Online 7 May 2024.
DOI
10.2991/978-94-6463-408-2_19How to use a DOI?
Keywords
Export Controls; Semiconductor Industry; Supply Chain Vulnerability; List of entities
Abstract

The development of China’s semiconductor industry has become an essential aspect of high-quality growth in the new stage. The vulnerability of the semiconductor supply chain has emerged as a crucial indicator of the industry’s progress. This piece of writing presents an evaluation of the effectiveness of U.S. export restrictions on China’s technology. To this end, it examines updates to the entity list, and analyzes monthly trade data for semiconductor manufacturing products from 2018 to 2021 to assess the impact of these controls on China’s semiconductor supply chain vulnerability. The article also delves into the role of innovation in this mechanism. The study shows that US export control measures unexpectedly reduced China’s semiconductor supply chain vulnerability. External supply and import demand of China’s semiconductor manufacturing products subject to control were significantly reduced, with limited impact on the industry’s development. US investment in the Asia-Pacific ICT industry contributed to this outcome, and export controls stimulated China’s independent innovation.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
7 May 2024
ISBN
10.2991/978-94-6463-408-2_19
ISSN
2352-5428
DOI
10.2991/978-94-6463-408-2_19How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Wei Chen
AU  - Yanlin Sun
PY  - 2024
DA  - 2024/05/07
TI  - Export Controls, Innovation, and The Development of The Semiconductor Industry
BT  - Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024)
PB  - Atlantis Press
SP  - 164
EP  - 170
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-408-2_19
DO  - 10.2991/978-94-6463-408-2_19
ID  - Chen2024
ER  -