What are the Challenges in Achieving Market Acceptance?
Despite its potential, nanotechnology faces several challenges in achieving market acceptance:
Cost: High production costs can make nanotechnology products less competitive compared to traditional alternatives. Scalability: Scaling up production from laboratory to industrial scale can be technically challenging and expensive. Intellectual Property: Protecting intellectual property rights and navigating patents can be complex and contentious. Ethical Concerns: Ethical issues, such as privacy implications of nano-enabled surveillance technologies, need to be addressed.