How do R&D costs impact the commercialization of nanotechnology?
The high R&D costs pose a significant barrier to the commercialization of nanotechnology. Developing new nanomaterials and applications often requires years of research and substantial financial investment. Small and medium-sized enterprises (SMEs) may find it difficult to bear these costs, limiting their entry into the market. Additionally, the uncertainty associated with R&D outcomes makes it a risky investment for many companies.