What Challenges Exist in Commercializing Nanotechnology?
Several challenges need to be addressed for successful commercialization:
Regulatory Hurdles: Ensuring safety and compliance with regulations can be complex due to the novel properties of nanomaterials. Scale-Up: Transitioning from laboratory-scale production to industrial-scale manufacturing can be challenging and costly. Intellectual Property: Protecting innovations through patents and other forms of IP is essential but can be complicated by overlapping research areas. Market Adoption: Convincing industries and consumers to adopt new technologies requires effective marketing and demonstration of benefits.