1982
SRC is incorporated, governing structures are established, a site is selected, and initial research contracts are awarded.
Highlights
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In the late 1970s and into the next decade, the American semiconductor industry had been witnessing a rapid erosion of its technological leadership. In an environment of accelerating change, complexity and cost, the burden of maintaining duplicative company-based research laboratories had become unsustainable. The response came in June 1981, when the Semiconductor Industry Association (SIA) entertained a proposal for a "Semiconductor Research Cooperative" and in December 1981 SIA Chair Bob Noyce announced the imminent creation of Semiconductor Research Corporation.
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SRC’s interim Board of Directors, led by Erich Bloch of IBM, first meets in January 1982, and in March appoints Larry Sumney as Executive Director.
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Member recruitment kicks off with a letter from Erich Bloch to would-be founding members: "The purpose of this letter is to invite your company to participate in a new cooperative venture with other companies in the semiconductor and closely related industries. The purpose of this company is to enhance basic research in semiconductor research disciplines."
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In April and May, a University Advisory Council forms to address issues such as intellectual property, research duplication and performance evaluation.
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The June Board of Directors meeting faced a full agenda: member recruiting, establishment of a Technical Advisory Board, site selection, organizational structure, budgets and staffing. Key decisions were made, and SRC was off to a fast start.
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The first Technology Advisory Board meeting met in early September. Participants from highly competitive companies worked with SRC staff to define the processes of a cooperative research organization.
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Requests for proposal were issued in September, to which 166 responses were received. Some initial awards were announced in November prior to the evaluation of all 166 proposals.