The National Nanotechnology Initiative: Overview, Reauthorization, and Appropriations Issues
Abstract
Nanotechnology-a term encompassing the science, engineering, and applications of submicron materials-involves the harnessing of unique physical, chemical, and biological properties of nanoscale substances in fundamentally new and useful ways. The economic and societal promise of nanotechnology has led to substantial and sustained investments by governments and companies around the world. In 2000, the United States launched the world's first national nanotechnology program. Since then, the federal government has invested approximately $9.9 billion in nanoscale science, engineering, and technology through the U.S. National Nanotechnology Initiative (NNI). U.S. companies and state governments have invested billions more. In FY2009 NNI funding is estimated to be approximately $1.5 billion. As a result of this focus and these investments, the United States has, in the view of many experts, emerged as a global leader in nanotechnology. However, the competition for global leadership in nanotechnology is intensifying as countries and companies around the world increase their investments.
Document Details
- Document Type
- Technical Report
- Publication Date
- May 06, 2009
- Accession Number
- ADA501320
Entities
People
- John F. Sargent
Organizations
- Library of Congress