The competition in nanotechnology primarily revolves around several key areas:
Innovation: The race to develop novel applications and technologies is fierce. Patents and intellectual property play a crucial role in securing competitive advantage. Funding: Securing investment is critical for advancing research and commercialization. Entities compete for grants, venture capital, and other funding sources. Talent: Skilled researchers and engineers are in high demand. Institutions and companies vie to attract top talent to drive their nanotechnology initiatives. Market Share: Companies strive to capture and expand their market share by launching innovative nanotechnology-based products.