Newswise — Ben Bernanke recently suggested that the recession is likely over, but that the recovery will be weak. That's especially true for the U.S. semiconductor industry. But the industry can use this moment to reengineer the innovation landscape.

Pushkar Apte and George Scalise, vice president and president, respectively, of the Semiconductor Industry Association (SIA), lay out a road map for innovating innovation, including rethinking IP, competitiveness, and even fundamental concepts like failure. The possible rewards? Better batteries, energy-harvesting electronics, and super-low-power electronics are just three of many.