The development of physics over the past few centuries has increasingly enabled the development of numerous technologies that have revolutionized society. In the 17th century, Newton built on the results of Galileo and Descartes to start the quantitative science of mechanics. The fields of thermodynamics and electromagnetism were developed more gradually in the 18th and 19th centuries. Of the big physics breakthroughs in the 20th century, quantum mechanics has most clearly led to the widest range of new technologies. New scientific discovery and its conversion to technology, enabling new products, is typically a complex process. From an industry perspective, it is addressed through various R&D strategies, particularly those focused on optimization of return on investment (ROI) and the associated risk management. The evolution of such strategies has been driven by many diverse factors and related trends, including international markets, government policies, and scientific breakthroughs. As a result, many technology-creation initiatives have been based on various types of partnerships between industry, academia, and/or governments. Specific strategies guiding such partnerships are best understood in terms of how they have been developed and implemented within a particular industry. As a consequence, it is useful to consider case studies of strategic R&D partnerships involving the semiconductor industry, which provides a number of instructive examples illustrating strategies that have been successful over decades. There is a large quantity of literature on this subject, in books, journal articles, and online.