Nanotechnology Research Directions for Societal Needs in 2020: Retrospective and Outlook

Subject Area:
Non-NNI Other Reports
Author: Mihail C. Roco, Chad A. Mirkin, & Mark C. Hersam
Publication Date: Sep. 30 2010

Description:

The WTEC Nano2 report incorporates views of leading experts from academia, industry, and government shared among U.S. representatives and those from over 35 other economies in four forums held between March and July 2010. These began with a brainstorming meeting in Chicago (United States) and included U.S.-multinational workshops in Hamburg, Germany (involving European Union and U.S. representatives); Tokyo, Japan (involving Japan, South Korea, Taiwan, and U.S. representatives); and Singapore (involving Singapore, Australia, China, India, Saudi Arabia, and U.S. representatives). Participants came from a wide range of disciplines, including the physical and biological sciences, engineering, medicine, social sciences, economics, and philosophy.
 


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 member agencies have cumulatively spent more than $23 billion since the inception of the NNI in 2001. According to a Lux Research estimate released in December 2015, “The U.S. leads in government (state and Federal) nanotechnology funding with $1.72 billion spent in 2013 and $1.67 billion spent in 2014. Europe’s collective spending (European Commission and individual country programs) was $2.45 billion in 2014, an increase of 9.8% from 2012. While some countries, such as the U.S., continue to have centralized government programs to coordinate nanotechnology activities, most countries no longer do. In fact, many countries no longer explicitly fund nanotechnology, although it may be a part of initiatives that are funded under different technology support programs. Because of this change, it is difficult to determine with certainty the level of nanotechnology funding by country or region.”

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