NSI: Overview of Resources and Support for Nanotechnology for Sensors and Sensors for Nanotechnology: Improving and Protecting Health, Safety, and the Environment

Subject Area:
NNI Publications and Reports
Author: NNCO
Publication Date: May. 15 2013

Description:

Nanotechnology Fact

The United States is not the only country to recognize the tremendous economic potential of nanotechnology. The U.S. National Nanotechnology Initiative's (NNI) member agencies have cumulatively spent nearly $24 billion since the inception of the NNI in 2001. According to Lux Research: "Governments, corporations, and private investors (venture capitalists) invested $18.5 billion in nanotechnology in 2012, increasing their spending 8% relative to 2010. The U.S. contributed 36% of this amount. Corporations expanded spending by 21% over 2010, while governments and private investors reduced their investments by 5% and 10% respectively. The United States maintained its lead over all other governments, with $2.1 billion of federal and state funding in 2012. U.S. corporations also led global spending on nanotechnology research and development, investing $4 billion in 2012, which was approximately $1 billion more than the next country, Japan."

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