What Are the Challenges to Realizing Economic Returns from Nanotechnology?
Despite its potential, there are several challenges to realizing economic returns from nanotechnology:
Regulatory Hurdles: Ensuring the safety and efficacy of nanotechnology-based products can be time-consuming and costly. High Initial Costs: The research and development of nanotechnology can be expensive, requiring significant upfront investment. Public Perception: There are concerns about the potential risks associated with nanomaterials, which can affect market acceptance. Scalability: Producing nanotechnology-based products on a large scale can present technical and economic challenges.
