What Are the Challenges in Achieving Affordable Nanotechnology?
While there are significant opportunities, several challenges need to be addressed:
Technical Barriers: Developing scalable and reliable manufacturing processes for nanomaterials is technically challenging. Regulatory Hurdles: Ensuring the safety and environmental impact of nanotechnology requires comprehensive regulatory frameworks, which can be costly and time-consuming. Market Adoption: Convincing industries and consumers to adopt nanotechnology-based solutions requires demonstrating clear advantages over existing technologies. Intellectual Property: Navigating the complex landscape of intellectual property rights can be difficult, particularly for small and medium-sized enterprises.
