What are the Challenges in Nanotechnology Business?
Despite its potential, businesses face several challenges in the field of nanotechnology:
Regulatory Hurdles: The regulatory landscape for nanomaterials is still evolving, and companies must navigate complex compliance requirements. High Initial Costs: Developing nanotechnology applications requires significant investment in research and development. Technical Complexity: Working at the nanoscale involves sophisticated techniques and equipment, which can be a barrier for smaller companies. Public Perception: There are concerns about the safety and ethical implications of nanotechnology, which can affect market acceptance.
