What are the primary cost factors in nanotechnology development?
The primary cost factors in nanotechnology development include research and development (R&D), materials, equipment, and production scalability. R&D costs are substantial due to the need for advanced laboratories, skilled researchers, and long-term projects. High-precision equipment, such as electron microscopes and atomic force microscopes, also represent significant investments. Additionally, the rarity or specialized nature of nanomaterials, such as carbon nanotubes and graphene, can drive up material costs. Scalability issues further complicate cost considerations, as transitioning from lab-scale to industrial-scale production often requires new processes and technologies.