Nanotechnology and U.S. Competitiveness: Issues and Options
Abstract
The projected economic and societal benefits of nanotechnology have propelled global investments by nations and companies. The United States launched the first national nanotechnology initiative in 2000. Since then, more than 60 nations have launched similar initiatives. In 2006, global public investment in nanotechnology was estimated to be $6.4 billion, with an additional $6.0 billion provided by the private sector. More than 600 nanotechnology products are now in the market, generally offering incremental improvements over existing products. However, proponents maintain that nanotechnology research and development currently underway could offer revolutionary applications with significant implications for the U.S. economy, national and homeland security, and societal well-being. These investments, coupled with nanotechnology's potential implications, have raised interest and concerns about the U.S. competitive position.
Document Details
- Document Type
- Technical Report
- Publication Date
- May 15, 2008
- Accession Number
- ADA483318
Entities
People
- John F. Sargent
Organizations
- Library of Congress