What are the Initial Costs Involved in Nanotechnology?
While nanotechnology offers significant cost and time efficiencies, it often involves high initial costs. These include:
1. Research and Development: Significant investment is required in R&D to develop new nanomaterials and nanodevices. 2. Equipment: Specialized equipment for nano-manufacturing and analysis can be expensive. 3. Skilled Labor: Highly trained personnel are needed to work with nanotechnology, which can add to the initial costs.