What Are the Implications for Industry and Research?
1. Innovation Stifling: Regulatory uncertainty can stifle innovation by creating a high level of risk for companies investing in nanotechnology. The lack of clear guidelines can delay product development and commercialization. 2. Increased Costs: Companies may face increased costs due to the need for extensive testing and compliance with varying international regulations. 3. Collaborative Research: Uncertainty can also impact collaborative research efforts, as different regions may have different standards and requirements.