This article examines the interactions between public and private acto
rs as cooperation in the semiconductor industry becomes increasingly i
nternational. The latest manifestations of multilateral collaboration
are two consortia: I300I based in the United Stales and Selete based i
n Japan. Through an analysis of their structures and their origins, th
is article provides a deeper understanding of the complexities facing
industry-wide consortia, the role of the government in promoting or in
hibiting cooperation, and the lingering rivalries that impede truly gl
obal cooperation in a dynamic, high-technology industry.