There are several strategies to make nanotechnology cost-effective:
Material Sourcing: Utilizing abundant and less expensive materials can significantly cut down costs. Manufacturing Techniques: Adopting efficient manufacturing processes like roll-to-roll printing for producing nanoscale materials can reduce expenses. Scale of Production: Increasing the scale of production can lead to economies of scale, thereby reducing the unit cost of nanotechnological products. Research and Development: Investing in R&D to discover cost-effective synthesis methods and applications can have long-term benefits.