What Drives Increased Investment in Nanotechnology?
Several factors contribute to increased investment in nanotechnology:
1. Economic Potential: Nanotechnology holds the promise of creating new markets and enhancing existing ones, leading to economic growth. It can drive innovation across multiple sectors, resulting in new products and more efficient processes.
2. Government Support: Many countries recognize the strategic importance of nanotechnology and offer significant funding. Government initiatives and policies often stimulate private investment by reducing the risks associated with early-stage research.
3. Technological Advancements: Continuous improvements in nanofabrication techniques and characterization tools have made it easier and more cost-effective to manipulate materials at the nanoscale. This progress attracts investment by demonstrating practical applications and commercial viability.
