How Do Research and Development (R&D) Costs Influence Material Costs?
R&D costs are a major contributor to the overall expense of nanotechnology. Developing new nanomaterials and improving existing ones require substantial investment in research, equipment, and skilled personnel. These costs are often passed on to end-users, making the initial price of innovative nanotechnology products relatively high. However, successful R&D can lead to cost reductions in the long run through improved production techniques and materials.